Agenda packet, closed session — Escondido City Council, May 8, 2024 (part 1 of 3)

CITY of ESCONDIDO
Council Meeting Agenda
WEDNESDAY, MAY 08, 2024
4:00 PM - Closed Session (Cancelled)
5:00 PM - Regular Session
Escondido City Council Chambers, 201 North Broadway, Escondido, CA 92025

WELCOME TO YOUR CITY COUNCIL MEETING
We welcome your interest and involvement in the legislative process of Escondido. This agenda includes information about topics coming before the City Council and the action recommended by City staff.

MAYOR
Dane White

DEPUTY MAYOR
Christian Garcia (District 3)

COUNCILMEMBERS
Consuelo Martinez (District 1)
Joe Garcia (District 2)
Michael Morasco (District 4)

CITY MANAGER
Sean McGlynn

CITY ATTORNEY
Michael McGuinness

CITY CLERK
Zack Beck

HOW TO WATCH
The City of Escondido provides three ways to watch a City Council meeting:

In Person On TV Online
201 N. Broadway Cox Cable Channel 19 and U-verse Channel 99 www.escondido.org 1 Wednesday, May 08, 2024

HOW TO PARTICIPATE
The City of Escondido provides two ways to communicate with the City Council during a meeting:

In Person In Writing

Fill out Speaker Slip and Submit to City Clerk https://escondido-ca.municodemeetings.com

ASSISTANCE PROVIDED
If you need special assistance to participate in this meeting, please contact our ADA Coordinator at 760-839-4869.

Notification 48 hours prior to the meeting will enable to city to make reasonable arrangements to ensure accessibility. Listening devices are available for the hearing impaired – please see the City Clerk.

2 Wednesday, May 08, 2024

REGULAR SESSION
5:00 PM Regular Session

MOMENT OF REFLECTION
City Council agendas allow an opportunity for a moment of silence and reflection at the beginning of the evening meeting. The City does not participate in the selection of speakers for this portion of the agenda, and does not endorse or sanction any remarks made by individuals during this time. If you wish to be recognized during this portion of the agenda, please notify the City Clerk in advance.

FLAG SALUTE
The City Council conducts the Pledge of Allegiance at the beginning of every City Council meeting.

CALL TO ORDER
Roll Call: C. Garcia, J. Garcia, Martinez, Morasco, White

PROCLAMATIONS
Economic Development Week, May 6-10, 2024
National Water Safety Month, May-2024

PRESENTATION
National Water Safety Month

ORAL COMMUNICATIONS
In addition to speaking during particular agenda items, the public may address the Council on any item which is not on the agenda provided the item is within the subject matter jurisdiction of the City Council. State law prohibits the Council from discussing or taking action on such items, but the matter may be referred to the City Manager/staff or scheduled on a subsequent agenda. Speakers are limited to only one opportunity to address the Council under Oral Communications.

CONSENT CALENDAR
Items on the Consent Calendar are not discussed individually and are approved in a single motion. However, Council members always have the option to have an item considered separately, either on their own request or at the request of staff or a member of the public.
3 Wednesday, May 08, 2024

1. AFFIDAVITS OF PUBLICATION, MAILING, AND POSTING (COUNCIL/RRB)

2. APPROVAL OF WARRANT REGISTERS (COUNCIL)
Request approval for City Council and Housing Successor Agency warrant numbers:
 382903 – 383032 dated April 10, 2024
 383033 – 383268 dated April 17, 2024
 383269 – 383470 dated April 24, 2024
Staff Recommendation: Approval (Finance Department: Christina Holmes)

3. APPROVAL OF MINUTES: Regular Meetings of April 10, 2024 and April 17, 2024

4. WAIVER OF READING OF ORDINANCES AND RESOLUTIONS

5. THE CITY OF ESCONDIDO’S INVESTMENT POLICY
Request the City Council adopt Resolution No. 2024-53, approving the City of Escondido’s May 2024 Investment Policy.

Staff Recommendation: Approval (Finance Department: Douglas Shultz, City Treasurer) Presenter: Douglas Shultz, City Treasurer
a) Resolution No. 2024-53

6. TREASURER’S INVESTMENT REPORT FOR THE QUARTER ENDED MARCH 31, 2024 Request the City Council approve the Quarterly Investment Report for the quarter ended March 31, 2024.

Staff Recommendation: Approval (Finance Department: Douglas Shultz, City Treasurer) Presenter: Douglas Shultz, City Treasurer

7. AUTHORIZE CHANGE ORDER FOR THE ANNUAL SIDEWALK MAINTENANCE PROJECT Request the City Council adopt Resolution No. 2024-54 authorizing a construction change order in the amount of $45,000 for the construction of new pedestrian ramps and additional sidewalk, curb and gutter replacement to be completed as a part of the Annual Sidewalk Maintenance Project.

Staff Recommendation: Approval (Development Services Department: Christopher McKinney, Deputy City Manager/Interim Director of Development Services)
Presenter: Jonathan Schauble, Principal Civil Engineer
a) Resolution No. 2024-54
4 Wednesday, May 08, 2024

CONSENT RESOLUTIONS AND ORDINANCES (COUNCIL/RRB)
The following Resolutions and Ordina nces were heard and acted upon by the City Council/RRB at a previous City Council/Mobilehome Rent Review meeting. (The title of Ordinances listed on the Consent Calendar are deemed to have been read and further reading waived.)

8. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ESCONDIDO, CALIFORNIA, APPROVING AND

ADOPTING THE ESCONDIDO POLICE DEPARTMENT MILITARY EQUIPMENT USE POLICY Approved on April 17, 2024 with a vote of 4/0 (Martinez - Absent) a) Ordinance No. 2024-04 (Second Reading and Adoption)

9. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ESCONDIDO, CALIFORNIA, APPROVING A ZONE

TEXT AMENDMENT TO AMEND SEVERAL ARTICLES OF THE ESCONDIDO ZONING CODE Approved on April 17, 2024 with a vote of 4/0 (Martinez - Absent) a) Ordinance No. 2024-05 (Second Reading and Adoption)

PUBLIC HEARING

10. REVIEW AND REAFFIRM COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG"), HOME INVESTMENT PARTNERSHIP PROGRAM ("HOME"), EMERGENCY SOLUTIONS GRANT (“ESG”) PRIORITIES IN THE 2020- 2024 CONSOLIDATED PLAN AND APPROVE AN ALLOCATION PROCESS FOR FISCAL YEAR 2024-2025 FUNDING.

Request the City Council conduct a public hearing, review and re-affirm the CDBG, HOME, and ESG priorities adopted in the 2020-2024 Consolidated Plan, approve an allocation process for Fiscal Year 2024-2025 utilizing the maximum allowable allocations for public services and the maximum allowable allocations for administration of the CDBG and HOME programs, and authorize the release of a Request for Proposal ("RFP") for public services and community development activities.

Staff Recommendation: Provide Direction and Approval (Development Services Department:

Christopher McKinney, Deputy City Manager/Interim Director of Development Services) Presenter: Danielle Lopez, Housing and Neighborhood Services Manager

5 Wednesday, May 08, 2024

CURRENT BUSINESS

11. 2023 HOUSING ELEMENT ANNUAL PROGRESS REPORT
Request the City Council review and receive the 2023 calendar year annual progress report for the Housing Element of the General Plan and authorize resubmittal of the report to the State Office of Planning and Research, the State Department of Housing and Community Development, and the San Diego Association of Governments.

Staff Recommendation: Receive and File (Development Services Department: Christopher McKinney, Deputy City Manager/Interim Director of Development Services) Presenter: Pricila Roldan, Associate Planner

12. CALIFORNIA CENTER FOR THE ARTS ESCONDIDO FACILITY REQUEST FOR PROPOSALS Request the City Council receive a presentation and provide direction.

Staff Recommendation: Receive and Provide Direction (Economic Development Department: Jennifer Schoeneck, Director of Economic Development)
Presenter: Jennifer Schoeneck, Director of Economic Development

13. AUTHORIZE THE PURCHASE OF PLAYGROUND EQUIPMENT FOR THE COMMUNITY DEVELOPMENT

BLOCK GRANT PLAYGROUND EQUIPMENT REPLACEMENT PROJECT AT WASHINGTON PARK, JESMOND

DENE PARK, AND WESTSIDE PARK
Request the City Council adopt Resolution No. 2024-39, authorizing the Mayor to execute, on behalf of the City of Escondido (“City”), a cooperative Purchase Agreement through Sourcewell with Miracle Recreation Equipment Company, in the amount of $520,928.97 for the purchase of playground equipment for children 2-5 years, 5-12 years, and integrated shade structures for the Community Development Block Grant (“CDBG”) Playground Equipment Replacement Project at Washington Park, Jesmond Dene Park, and Westside Park.

Staff Recommendation: Approval (Public Works Department: Joseph Goulart, Director of Public Works) Presenter: Wayne Thames, Parks Superintendent
a) Resolution No. 2024-39

6 Wednesday, May 08, 2024

14. AUTHORIZE THE PURCHASE AND INSTALLATION OF PLAYGROUND EQUIPMENT FOR THE SAN DIEGO

COUNTY PARK IMPROVEMENTS PROJECT AT MOUNTAIN VIEW PARK AND KIT CARSON PARK Request the City Council adopt Resolution No. 2024-40, authorizing the Mayor to execute, on behalf of the City of Escondido (“City”), a cooperative Purchase Agreement through Sourcewell with Miracle Recreation Equipment Company, in the amount of $892,217.53 for the purchase and installation of playground equipment for children 2-5 years, 5-12 years, and integrated shade structures for the San Diego County Park Improvements Project at Mountain View Park and Kit Carson Park.

Staff Recommendation: Approval (Public Works Department: Joseph Goulart, Director of Public Works) Presenter: Wayne Thames, Parks Superintendent
a) Resolution No. 2024-40

FUTURE AGENDA

15. FUTURE AGENDA
The purpose of this item is to identify issues presently known to staff or which members of the City Council wish to place on an upcoming City Council agenda. Council comment on these future agenda items is limited by California Government Code Section 54954.2 to clarifying questions, brief announcements, or requests for factual information in connection with an item when it is discussed.

Staff Recommendation: None (City Clerk's Office: Zack Beck)

COUNCILMEMBERS SUBCOMMITTEE REPORTS AND OTHER REPORTS
CITY MANAGER’S WEEKLY ACTIVITY REPORT
The most current information from the City Manager regarding Economic Development, Capital Improvement Projects, Public Safety, and Community Developme nt. This report is also available on the City’s website, www.escondido.org.

ADJOURNMENT

7 Wednesday, May 08, 2024

UPCOMING MEETING SCHEDULE
Wednesday, May 15, 2024 4:00 & 5:00 PM Closed Session, Regular Meeting, Council Chambers Wednesday, May 22, 2024 4:00 & 5:00 PM Closed Session, Regular Meeting, Council Chambers

SUCCESSOR AGENCY
Members of the Escondido City Council also sit as the Successor Agency to the Community Development Commission, Escondido Joint Powers Financing Authority, and the Mobilehome Rent Review Board.

8 Consent Item No. 1 May 8, 2024

A F F I D A V I T S

I T E M

P O S T I N G –

 30 DAY NOTICE – REVIEW AND AFFIRM COMMUNITY
DEVELOPMENT PRIORITIES ADOPTED IN 2020-2024

CONSOLIDATED PLAN AND ADOPTION OF ALLOCATION PROCESS
FOR FY 2024-2025

 10 DAY NOTICE - REVIEW AND AFFIRM COMMUNITY DEVELOPMENT PRIORITIES ADOPTED IN 2020-2024 CONSOLIDATED PLAN AND
ADOPTION OF ALLOCATION PROCESS FOR FY 2024-2025

9 Item1.

CITY OF ESCONDIDO

NOTICE OF PUBLIC HEARING

REVIEW AND AFFIRM COMMUNITY DEVELOPMENT PRIORITIES
ADOPTED IN 2020-2024 CONSOLIDATED PLAN AND ADOPTION OF ALLOCATION PROCESS FOR FY 2024-2025
NOTICE OF 30-DAY PUBLIC COMMENT PERIOD
NOTICE IS HEREBY GIVEN that the Escondido City Council will hold a public hearing on Wednesday, May 8, 2024 at 5 p.m. in the City Council Chambers, Escondido City Hall, 201 North Broadway, Escondido, CA 92025, to review and affirm the community priorities adopted in the FY 2020-2024 Consolidated Plan for the CDBG, HOME and ESG funds for FY 2024-2025 activities.

The City of Escondido encourages residents’ participation in the development and prioritization of the FY 2024-2025 Annual Action Plan.

These plans are available for a 30-day public review and comment period from April 4, to May 4, 2024 on the City’s website at https://www.escondido.org/housing-and-neighborhood-services or the Housing and Neighborhood Services Division at Escondido City Hall at 201 N. Broadway, Escondido. Further information may be obtained by contacting Dulce Salazar at 760-839-4057 or [email protected] in the Housing and Neighborhood Services Division.

If
you challenge the item described above in court, you may be limited to raising only those issues that you or someone else raised at the public hearing described in this notice, or in written correspondence delivered to the Escondido City Council at or prior to the hearing.

PUBLIC COMMENT: To submit comments in writing, please do so at the following link:
https://escondido-ca.municodemeetings.com/bc-citycouncil/webform/public-comment.

All comments received from the public will be made a part of the record of the meeting.

The City of Escondido remains committed to complying with the Americans with Disabilities Act (ADA). Qualified individuals with disabilities who wish to participate in City programs, services, or activities and who need accommodations are invited to present their requests to the City by filing out a Request for Accommodations Form or an Inclusion Support Request Form for Minors, or by calling 760-839-4643, preferably at least 72 hours in advance of the event or activity. Forms can be found on the City’s website at: https://www.escondido.org/americans-with-disabilities-act.

Zack
Beck, City Clerk
City of Escondido
April 4, 2024

Published in THE ESCONDIDO TIMES ADVOCATE:
4/4/24
10 Item1.

UDAD DE ESCONDIDO
AVISO DE AUDIENCIA PÚBLICA

REVISAR Y AFIRMAR LAS PRIORIDADES DE DESARROLLO COMUNITARIO ADOPTADO EN EL PLAN CONSOLIDADO 2020-2024 Y ADOPCIÓN DEL PORCESO DE ASIGNACIÓN DE FONDOS PARA EL AÑO FISCAL 2024-2025
AVISO DE PERÍODO DE COMENTARIOS PÚBLICOS DE 30 DÍAS
POR LA PRESENTE SE NOTIFICA que el Conc ejo Municipal de Escondido realizará una audiencia pública el miércoles 8 de mayo de 2024 a las 5 p.m. en la Sala Consistorial del Concejo Municipal, Ayuntamiento de Escondido, 201 North Broadway, Escondido, CA 92025, para revisar y afirmar las prioridades de la comunidad adoptadas en el Plan Consolidado del Año Fiscal 2020- 2024 para los fondos de CDBG, HOME y ESG para las actividades del Año Fiscal 2024-2025.

La Ciudad de Escondido convoca la participación de los residentes en el desarrollo y priorización del Plan de Acción Anual del Año Fiscal 2024-2025.

Estos planes están disponibles para un período de revisión y comentarios públicos de 30 días del 4 de abril al 4 de mayo de 2024 en el sitio web de la Ciudad en https://www.escondido.org/housing- and-neighborhood-services o en la División de Servicios de Vivienda y Vecindarios en el Ayuntamiento de Escondido en 201 N. Broadway, Escondido. Se puede obtener más información comunicándose con Dulce Salazar al 760-839-4057 o [email protected] en la División de Vivienda y Servicios al Vecindario.

Si cuestiona el elemento descrito anteriormente ante una corte, podría quedar limitado a proponer solo aquellos asuntos que usted u otra persona haya propuesto en la audiencia pública descrita en este aviso, o en la correspondencia escrita entregada al Concejo Municipal de Escondido durante o antes de la audiencia.

COMENTARIO PÚBLICO: para enviar comentarios por escrito, hágalo en el siguiente enlace: https://escondido-ca.municodemeetings.com/bc-citycouncil/webform/public-comment.

Todos los comentarios recibidos del público formarán parte del acta de la reunión.

La Ciudad de Escondido sigue comprometida a cumplir con la Ley de Estadounidenses con Discapacidades (ADA). Las personas calificadas con discapacidades que deseen participar en programas, servicios o actividades de la Ciudad y que necesiten adecuaciones están invitadas a presentar sus solicitudes a la Ciudad llena ndo un Formulario de Solicitud de Adecuaciones o un Formulario de Solicitud de Apoyo de Inclusión para Menores, o llamando al 760-839-4643, preferiblemente al menos 72 horas antes del evento o actividad. Los formularios se pueden encontrar en el sitio web de la Ciudad en: https://www.escondido.org/americans-with-disabilities- act.

Z
ack Beck, City Clerk
City of Escondido
April 4, 2024

Published in THE ESCONDIDO TIMES ADVOCATE: 4/4/24 11
Item1.

CITY OF ESCONDIDO
NOTICE

OF PUBLIC HEARING

REVIEW AND AFFIRM COMMUNITY DEVELOPMENT PRIORITIES
ADOPTED IN THE 2020-2024 CONSOLIDATED PLAN AND ADOPTION OF ALLOCATION PROCESS FOR FY 2024-2025

NOTICE O
F 10-DAY PUBLIC HEARING
NOTICE IS HEREBY GIVEN that the Escondido City Council will hold a public hearing on Wednesday, May 8, 2024 at 5 p.m. in the City Council Chambers, Escondido City Hall, 201 N.

Broadway, Escondido, CA 92025, to review and affirm the community priorities adopted in the Fiscal Year (“FY”) 2020-2024 Consolidated Plan for the Community Development Block Grant (“CDBG”) and Home Investment Partnership Program (“HOME”) funds for FY 2024-2025 activities. This item went out for public noti ce for a 30 -day, public comment period in the Escondido Times Advocate on April 4, 2024 through May 4, 2024.

The City encourages all residents to participate in the development and prioritization of the FY 2024-2025 Annual Action Plan.

The P la
n is available for a public review and comment period on the City’s website at https://www.escondido.org/housing-and-neighborhood-services or the Housing and Neighborhood Services Division at Escondido City Hall at 201 N. Broadway, Escondido. Further information may be obtained by contacting Dulce Salazar at 760-839-4057 or [email protected] in the Housing and Neighborhood Services Division.

If you c
hallenge the item described above in court, you may be limited to raising only those issues that you or someone else r aised at the public hearing described in this notice, or in written correspondence delivered to the Escondido City Council at or prior to the hearing.

The City
remains committed to complying with the Americans with Disabilities Act (“ADA”). Qualified ind ividuals with disabilities who wish to participate in City programs, services, or activities and who need accommodations are invited to present their requests to the City by filing out a Request for Accommodations Form or an Inclusion Support Request Form for Minors, or by calling 760 -839-4643, preferably at least 72 hours in advance of the event or activity. Forms can be found on the City’s website at:
https://www.escondido.org/americans-with-
disabilities-act
PUBLIC COMMENT: To submit comments in writing, please do so at the following link :
https://escondido-ca.municodemeetings.com/bc-citycouncil/webform/public-comment.

All comments received from the public will be made a part of the record of the meeting.

Published in THE ESCONDIDO TIMES ADVOCATE: 4/24/24
12 Item1.

CIUDAD DE ESCONDIDO
AVISO
DE AUDIENCIA PÚBLICA

REVISAR Y AFIRMAR LAS PRIORIDADES DE DESARROLLO COMUNITARIO ADOPTADO EN EL PLAN CONSOLIDADO 2020-2024 Y ADOPCIÓN DEL PROCESO DE ASIGNACIÓN DE FONDOS PARA EL AÑO FISCAL 2024-2025
AVISO
DE AUDIENCIA PÚBLICA DE 10 DÍAS
POR
LA PRESENTE SE NOTIFICA que el Concejo Municipal de Escondido realizará una audiencia pública el miércoles 8 de mayo de 2024 a las 5 p.m. en la Sala Consistorial del Concejo Municipal, Ayuntamiento de Escondido, 201 N. Broadway, Escondido, CA 92025, para revisar y afirmar las prioridades de la comunidad adoptadas en el Plan Consolidado del Año Fiscal 2020- 2024 para los fondos de Subvenciones en Bloque de Desarrollo Comunitario (“CDBG”) y Programa de Asociaciones de Inversión (“HOME”) para las actividades del Año Fiscal 202 4- 2025. Este artículo se publicó para un período de comentarios públicos de 30 días en el Escondido Times Advocate del 4 de abril de 2024 al 4 de mayo de 2024. La Ciudad está presentando una audiencia pública de 10 d ías para notar y solicitar comentarios públicos sobre las prioridades de CDBG y HOME para el año fiscal 2024-25.

La Ciudad anima a todos los residentes a participar en el desarrollo y priorización del Plan de Acción Anual para el año fiscal 2024-2025.

Este
Plan está disponible para revisión y comentario público en el sitio web de la Ciudad en https://www.escondido.org/housing-and-neighborhood-services o en la División de Servicios de Vivienda y Vecindarios en el Ayuntamiento de Escondido en 201 N. Broadway, Escondido. Se puede obtener más información comunicándose con Dulce Salazar al 760-839-4057 o
[email protected] en la División de Vivienda y Servicios al Vecindario.

La C
iudad de Escondido sigue comprometida a cumplir con la Ley de Estadounidenses con Discapacidades (ADA). Las personas calificadas con discapacidades que deseen participar en programas, servicios o actividades de la Ciudad y que necesiten adecuaciones están invitadas a presentar sus solicitudes a la Ciudad llenando un Formulario de Solicitud de A decuaciones o un Formulario de Solicitud de Apoyo de Inclusión para Menores, o llamando al 760-839-4643, preferiblemente al menos 72 horas antes del evento o acti vidad. Los formularios se pueden encontrar en el sitio web de la Ciudad en: https://www.escondido.org/americans-with-disabilities- act.

COMENTARIO PÚBLICO: para enviar comentarios por escrito, hágalo en el siguiente enlace: https://escondido-ca.municodemeetings.com/bc-citycouncil/webform/public-comment.

Todos los comentarios recibidos del público formarán parte del acta de la reunión.

Published in THE ESCONDIDO TIMES ADVOCATE: 4/24/24
13 Item1.

STAFF REPORT

May 08, 2024
File Number 0400-40

SUBJECT

APPROVAL OF WARRANT REGISTERS (COUNCIL)

DEPARTMENT
Finance

RECOMMENDATION
Request approval for City Council and Housing Successor Agency warrant numbers:
382903 – 383032 dated April 10, 2024
383033 – 383268 dated April 17, 2024
383269 – 383470 dated April 24, 2024
Staff Recommendation: Approval (Finance Department: Christina Holmes) ESSENTIAL SERVICE – Internal requirement per Municipal Code Section 10-49 COUNCIL PRIORITY –

FISCAL ANALYSIS
The total amount of the warrants for the following periods are as follows:

April 4, 2024 – April 10, 2024 is $1,797,541.47
April 11, 2024 – April 17, 2024 is $3,464,557.25
April 18, 2024 – April 24, 2024 is $2,877,828.22
PREVIOUS ACTION – None

BACKGROUND

The Escondido Municipal Code Section 10-49 states that warrants or checks may be issued and paid prior to audit by the City Council, provided the warrants or checks are certified and approved by the Director 14 Item2.

of Finance as conforming to the current budget. These warrants or checks must then be ratified and approved by the City Council at the next regular Council meeting. 15 Item2.

April 10, 2024 Escondido City Council Minutes Page 1 of 3

REGULAR SESSION
5:00 PM Regular Session

FLAG SALUTE
The City Council conducts the Pledge of Allegiance at the beginning of every City Council meeting.

CALL TO ORDER
Roll Call: C. Garcia, J. Garcia, Martinez, Morasco, White

ORAL COMMUNICATIONS
Kathryn Turner – Expressed concern regarding a parking citation she received.

CONSENT CALENDAR
Motion: Morasco; Second: J. Garcia; Approved: 5-0

1. AFFIDAVITS OF PUBLICATION, MAILING, AND POSTING (COUNCIL/RRB)

2. APPROVAL OF WARRANT REGISTER (COUNCIL)
Request approval for City Council and Housing Successor Agency warrant numbers:
 382503 – 382669 dated March 27, 2024
Staff Recommendation: Approval (Finance Department: Christina Holmes)

3. APPROVAL OF MINUTES: None

4. WAIVER OF READING OF ORDINANCES AND RESOLUTIONS

CURRENT BUSINESS
16 Item3.

April 10, 2024 Escondido City Council Minutes Page 2 of 3

5. ISSUANCE OF THE COMMUNITY FACILITIES DISTRICT NO. 2022-1 (ECLIPSE/MOUNTAIN

HOUSE) SPECIAL TAX BONDS
Request the City Council, acting as the legislative body of Community Facilities District No. 2022-1 of the City of Escondido (“City”) Eclipse/Mountain House (“District”), adopt Resolution No. 2024-34 (“Resolution”) to authorize the issuance and sale of Special Tax Bonds, Series 2024 (“Bonds”) and approve certain documents and the taking of certain other actions in connection therewith. (File Number 0685-10)
Staff Recommendation: Approval (Finance Department: Christina Holmes, Director of Finance)
Presenter: Christina Holmes, Director of Finance
a) Resolution No. 2024-34
Motion: Morasco; Second: C. Garcia; Approved: 5-0

6. DESIGNATION OF ENFORCEMENT AUTHORITY FOR THE ESCONDIDO CAMPAIGN CONTROL

ORDINANCE
Request the City Council adopt Resolution No. 2024-31 designating Christina M. Cameron, Esq. and the law firm of Devaney Pate Morris & Cameron, LLP (“Law Firm”) as the enforcement authority for the Escondido Campaign Control Ordinance for the 2024 Municipal Election (“Special Counsel”), as required by Escondido Municipal Code Section 2- 110.5(c). (File Number 0650-40)
Staff Recommendation: Approval (City Attorney's Office: Michael McGuinness, City Attorney) Presenter: Michael R. McGuinness, City Attorney
a) Resolution No. 2024-31
Motion: J. Garcia; Second: Martinez; Approved: 5-0

7. BOARD AND COMMISSION APPOINTMENTS
Request the City Council ratify the Mayor’s appointments to serve on the following Boards and Commissions:

Building and Advisory Appeals Board – Barry Speer, Mirek Gorny, Shir Cornblum, George Khoury, Scott McColl
Library Board of Trustees – Virginia Segarra Bunnell
Planning Commission – Marc Correll, Jeff Jester, Dustin Steeve, Stan Weiler 17 Item3.

April 10, 2024 Escondido City Council Minutes Page 3 of 3

Public Art Commission – Jacqueline Kelleher, Nathalie Martinez, Heidi Paul, Patricia Spann Transportation and Community Safety Commission – Bill Durney, Lon Grothen, Beth Kassebaum (File Number 0120-10)
Staff Recommendation: Approval (City Clerk’s Office: Zack Beck, City Clerk) Presenter: Mayor Dane White
Motion: White; Second: J. Garcia; Approved: 5-0

FUTURE AGENDA

8. FUTURE AGENDA
The purpose of this item is to identify issues presently known to staff or which members of the City Council wish to place on an upcoming City Council agenda. Council comment on these future agenda items is limited by California Government Code Section 54954.2 to clarifying questions, brief announcements, or requests for factual information in connection with an item when it is discussed.

Staff Recommendation: None (City Clerk's Office: Zack Beck)

COUNCILMEMBERS SUBCOMMITTEE REPORTS AND OTHER REPORTS
CITY MANAGER’S WEEKLY ACTIVITY REPORT
The most current information from the City Manager regarding Economic Development, Capital Improvement Projects, Public Safety, and Community Development. This report is also available on the City’s website, www.escondido.org.

ORAL COMMUNICATIONS
None

ADJOURNMENT
Mayor White adjourned the meeting at 5:36 p.m.

______________________________ _______________________________

MAYOR CITY CLERK

18 Item3.

April 17, 2024 Escondido City Council Minutes Page 1 of 6

CLOSED SESSION
4:00 PM

CALL TO ORDER

1. Roll Call: C. Garcia, J. Garcia, Morasco, White

CLOSED SESSION

I. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION (Government Code § 54956.9(d)(1))

a. Noah Werner, et. al. v. City of Escondido, et. al.

San Diego Superior Court Case No. 37-2021-00011594-CU-OR-NC

ADJOURNMENT

Mayor White adjourned the meeting at 4:27 p.m.

______________________________ _______________________________

MAYOR CITY CLERK

19 Item3.

April 17, 2024 Escondido City Council Minutes Page 2 of 6

REGULAR SESSION
5:00 PM Regular Session

MOMENT OF REFLECTION
City Council agendas allow an opportunity for a moment of silence and reflection at the beginning of the evening meeting. The City does not participate in the selection of speakers for this portion of the agenda, and does not endorse or sanctio n any remarks made by individuals during this time. If you wish to be recognized during this portion of the agenda, please notify the City Clerk in advance.

FLAG SALUTE
The City Council conducts the Pledge of Allegiance at the beginning of every City Council meeting.

CALL TO ORDER
Roll Call: C. Garcia, J. Garcia, Martinez, Morasco, White

PROCLAMATIONS
National Volunteer Week, April 4-21, 2024
Major Richard J. Gannon, II Day, April 17, 2024
Lao New Year

PRESENTATIONS
Volunteer Escondido Program
Certificates of Recognition - Outgoing Commissioners

CLOSED SESSION REPORT

ORAL COMMUNICATIONS
None

CONSENT CALENDAR
Motion to approve items 1-5 and 7: Morasco; Second: C. Garcia; Approved: 4-0 (Martinez – Absent) 20 Item3.

April 17, 2024 Escondido City Council Minutes Page 3 of 6

1. AFFIDAVITS OF PUBLICATION, MAILING, AND POSTING (COUNCIL/RRB)

2. APPROVAL OF WARRANT REGISTER (COUNCIL)
Request approval for City Council and Housing Successor Agency warrant numbers:
 382670 – 382902 dated April 03, 2024
Staff Recommendation: Approval (Finance Department: Christina Holmes

3. APPROVAL OF MINUTES: Regular Meeting of April 3, 2024

4. WAIVER OF READING OF ORDINANCES AND RESOLUTIONS

5. CONSULTING AGREEMENT FOR THE EL CABALLO PARK ENVIRONMENTAL DOCUMENT Request the City Council adopt Resolution No. 2024-47 awarding a consulting agreement to Michael Baker International, Inc. in the amount of $238,935 to provide environmental consulting services for the El Caballo Park Master Plan Project (“Project”). The contract includes a cost of $190,545 with the option to include four optional tasks, totaling $48,390 for an aggregate of $238,935. (File Number 0600-10; A-3499) Staff Recommendation: Approval (Development Services Department: Christopher McKinney, Deputy City Manager/Interim Director of Development Services) Presenter: Oscar Romero, Principal Planner
a) Resolution No. 2024-47

6. CONSULTING AGREEMENT FOR DESIGN OF MOUNTAIN VIEW PARK PICKLEBALL COURTS

PROJECT
Request the City Council adopt Resolution No. 2024-23 awarding a consulting agreement to David Volz Design Landscape Architects, Inc. (“DVD”) in the amount of $235,009 to provide engineering design services for the Mountain View Park Pickleball Courts Project (“Project”). (File Number 0600-10; A-3500)
Staff Recommendation: Approval (Development Services Department: Christopher McKinney, Deputy City Manager/Interim Director of Development Services and Julie Procopio, City Engineer)
Presenter: Jonathan Schauble, Principal Civil Engineer
a) Resolution No. 2024-23R
Motion: White; Second: Morasco; Approved: 4-0 (Martinez – Absent) 21 Item3.

April 17, 2024 Escondido City Council Minutes Page 4 of 6

7. APPROVE BUDGET ADJUSTMENT, CHANGE ORDER AND CONTRACT AMENDMENT FOR THE

CITRACADO PARKWAY EXTENSION PROJECT
Request the City Council adopt Resolution No. 2024-43 authorizing a budget adjustment to receive reimbursement in the amount of $2,033,103.50 from Rincon Del Diablo Municipal Water District, Resolution No. 2024-44 for a change order in the amount of $994,407.97 to the construction contract with Flatiron West, Inc., and Resolution No. 2024-45 authorizing Amendment 4 to the consultant contract with TY Lin International in the amount of $389,823 for the Citracado Parkway Extension Project (“Project”). (File Number 0600-10; A-3325-4) Staff Recommendation: Approval (Development Services Department: Christopher McKinney, Deputy City Manager/Interim Director of Development Services and Julie Procopio, City Engineer)
Presenter: Jonathan Schauble, Principal Civil Engineer
a) Resolution No. 2024 – 43
b) Resolution No. 2024 – 44
c) Resolution No. 2024 – 45

PUBLIC HEARINGS

8. PL24-0017 – ZONE TEXT AMENDMENTS TO ARTICLE 40 AND ASSOCIATED ARTICLES IN CHAPTER 33 (ZONING CODE)
Request that the City Council conduct a public hearing on the proposed Zone Text Amendment and take action on the recommendation of City staff and the Planning Commission, which recommend the City Council to introduce Ordinance No. 2024-05, approving a Zone Text Amendment to amend Articles 40 (Historical Resources), 61 (Administration and Enforcement), 64 (Design Review), and 65 (Old Escondido Neighborhood) of the Escondido Zoning Code to address the dissolution of the Historic Preservation Commission. (File Number 0810-20)
Staff Recommendation: Approval (Development Services Department: Christopher McKinney, Deputy City Manager/Interim Director of Development Services) Presenter: Ivan Flores, AICP, Senior Planner
a) Ordinance No. 2024-05 (First Reading and Introduction) Motion: C. Garcia; Second: Morasco; Approved: 4-0 (Martinez – Absent)

9. APPROVAL OF THE ESCONDIDO POLICE DEPARTMENT MILITARY EQUIPMENT REPORT AND ADOPTION OF ORDINANCE NO. 2024-04
22 Item3.

April 17, 2024 Escondido City Council Minutes Page 5 of 6

Request the City Council adopt Ordinance No. 2024-04 approving the Escondido Police Department Annual Military Equipment Report in accordance with state law requirements as set forth in Assembly Bill No. 481 (“AB 481”). (File Number 0110-10) Staff Recommendation: Approval (Police Department: Edward Varso, Chief of Police) Presenters: Edward Varso, Chief of Police, Erik Witholt, Police Captain, and Lisa Rodelo, Assistant Director of Police Support Services)
a) Ordinance No. 2024-04 (First Reading and Introduction) Motion: J. Garcia; Second: C. Garcia; Approved: 4-0 (Martinez – Absent)

CURRENT BUSINESS

10. AUTHORIZE THE PURCHASE OF PLAYGROUND EQUIPMENT FOR THE COMMUNITY

DEVELOPMENT BLOCK GRANT PLAYGROUND EQUIPMENT REPLACEMENT PROJECT AT

WASHINGTON PARK, JESMOND DENE PARK, AND WESTSIDE PARK
Request the City Council adopt Resolution No. 2024-39, authorizing the Mayor to execute, on behalf of the City of Escondido (“City”), a cooperative Purchase Agreement through Sourcewell with Miracle Recreation Equipment Company, in the amount of $520,928.97 for the purchase of playground equipment for children 2-5 years, 5-12 years, and integrated shade structures for the Community Development Block Grant (“CDBG”) Playground Equipment Replacement Project at Washington Park, Jesmond Dene Park, and Westside Park. (File Number 0600-10; A-3501)
Staff Recommendation: Approval (Public Works Department: Joseph Goulart, Director of Public Works)
Presenter: Wayne Thames, Parks Superintendent
a) Resolution No. 2024-39
Item pulled from the agenda by staff

11. AUTHORIZE THE PURCHASE AND INSTALLATION OF PLAYGROUND EQUIPMENT FOR THE

SAN DIEGO COUNTY PARK IMPROVEMENTS PROJECT AT MOUNTAIN VIEW PARK AND KIT

CARSON PARK
Request the City Council adopt Resolution No. 2024-40, authorizing the Mayor to execute, on behalf of the City of Escondido (“City”), a cooperative Purchase Agreement through Sourcewell with Miracle Recreation Equipment Company, in the amount of $892,217.53 for the purchase and installation of playground equipment for children 2-5 years, 5-12 years, and integrated shade structures for the San Diego County Park Improvements Project at Mountain View Park and Kit Carson Park. (File Number 0600-10; A-3502) 23 Item3.

April 17, 2024 Escondido City Council Minutes Page 6 of 6

Staff Recommendation: Approval (Public Works Department: Joseph Goulart, Director of Public Works)
Presenter: Wayne Thames, Parks Superintendent
a) Resolution No. 2024-40
Item pulled from the agenda by staff

FUTURE AGENDA

12. FUTURE AGENDA
The purpose of this item is to identify issues presently known to staff or which members of the City Council wish to place on an upcoming City Council agenda. Council comment on these future agenda items is limited by California Government Code Section 54954.2 to clarifying questions, brief announcements, or requests for factual information in connection with an item when it is discussed.

Staff Recommendation: None (City Clerk's Office: Zack Beck)

COUNCILMEMBERS SUBCOMMITTEE REPORTS AND OTHER REPORTS
CITY MANAGER’S WEEKLY ACTIVITY REPORT
The most current information from the City Manager regarding Economic Development, Capital Improvement Projects, Public Safety, and Community Development. This report is also available on the City’s website, www.escondido.org.

ORAL COMMUNICATIONS
None

ADJOURNMENT
Mayor White adjourned the meeting at 6:09 p.m.

______________________________ _______________________________

MAYOR CITY CLERK
24 Item3.
25 Item4.

STAFF REPORT

May 8, 2024
File Number 0490-10

SUBJECT
THE CITY OF ESCONDIDO’S INVESTMENT POLICY

DEPARTMENT
City Treasurer

RECOMMENDATION
Request the City Council Adopt Resolution No. 2024 -53, approving the City of Escondido ’s May 2024 Investment Policy.

Staff Recommendation: Approval (Department Name: Douglas Shultz, City Treasurer) Presenter: Douglas Shultz, City Treasurer
ESSENTIAL SERVICE – Yes, internal requirement.

COUNCIL PRIORITY –

PREVIOUS ACTION
The last adoption of the Investment Policy was on May 17, 2023, with the Resolution No. 2023-51.

BACKGROUND
In compliance with California Government Code Section 53646, the City Treasurer may annually present the City’s Investment Policy to the legislative body at a public meeting to reaffirm or make any changes to the existing policy. The Investment Policy provides the City with guidelines for the investment of City funds. The Policy’s guidelines set forth the investment selection criteria of safety, liquidity, and yield.

The City of Escondido’s May 202 3 Investment Policy has been deemed current and up -to-date per the California Debt and Investment Advisory Commission (“CDIAC”) Local Agency Investment Guidelines. The May 2023 Investment Policy was also submitted to the California Municipal Treasurer’s Association who certified that the City of Escondido’s Investment Policy complies with the current State statutes governing the investment practices of local government entities with the State of California.

There are no changes from the City of Escondido’s May 202 3 Investment Policy to the May 202 4 Investment Policy. The Escondido Municipal Code vests authority for and control of investments to the City Treasurer. Responsib ility for the investment program is delegated by the City Council to the City 26 Item5.

Treasurer, during the annual Investment Policy Update. The City Council may renew the delegation of authority each year. Attached as Exhibit “A” to Resolution No. 2024-53 is the May 2024 Investment Policy for the City Council review and approval.

RESOLUTIONS
a. Resolution No. 2024-53
b. Resolution No. 2024-53 Exhibit “A”- The City of Escondido’s Investment Policy May 2024

27 Item5.

RESOLUTION NO. 2024-53

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

ESCONDIDO, CALIFORNIA, ADOPTING THE CITY OF
ESCONDIDO'S INVESTMENT POLICY DATED MAY 2024

WHEREAS, the City Council has previously adopted annual Investment Policies pursuant to the requirements of the California Government Code; and
WHEREAS, the City of Escondido’s May 2024 Investment Policy is in accordance with Government Code Section 53601 and meets Association of Public Treasurers of the United States & Canada (“APT US & C”) Investment Policy Certification standards; and
WHEREAS, the City Council desires at this time, and deems it to be in the best public interest, to adopt the City of Escondido's May 2024 Investment Policy, a copy of which is attached as Exhibit “A” and is incorporated by this reference.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Escondido, California , as follows:

1. That the above recitations are true.

2. That the City Council hereby adopts the City of Escondido's May 202 4 Investment Policy which is attached to this Resolution as Exhibit “A” and incorporated by this reference. 28 Item5.

Resolution No. 2024-53
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City of Escondido

INVESTMENT POLICY

May 2024

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TABLE OF CONTENTS
Page
I. Policy Statement ............................................................................................ 1 II. Scope ........................................................................................................... 1 III. Prudence ......................................................................................... 1-2 IV. Investment Objectives ................................................................................. 2-3 V. Executive Investment Committee .................................................................... 3 VI. Required Reporting ........................................................................................ 3 VII. Authorized Financial Institutions and Broker/Dealers ...................................... 4-5 VIII. Safekeeping and Custody .............................................................................. 5 IX. Accountability and Authority ........................................................................... 5 X. Ethics and Conflicts of Interest ........................................................................ 5 XI. Internal Control ............................................................................................. 6 XII. Authorized and Suitable Investments .......................................................... 6-12 XIII. Maturity Goals ......................................................................................... 12-13 XIV. Policy Review ............................................................................................... 13 XV. Investment Procedures .................................................................................. 13 XVI. Investment Strategy and Performance Standards ............................................ 13 XVII. Investment Pools/Mutual Funds ..................................................................... 14 Appendix – Investment Procedure Manual .................................................. 15-19 Glossary of Terms .................................................................................... 20-25

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1 CITY OF ESCONDIDO

INVESTMENT POLICY
I. Policy Statement
This policy establishes the limits within which the City's investme nt program shall be conducted. Investment goa ls and objectives are defined. Qualified investment instrumentalities and reporting requirements are identified. Authority, ac countability, audit control and procedures governing the investment program are delineated.

The investment policies and practices of the City of Escondido are based upon state law, city ordinance, and prudent money management.

II. Scope
This policy applies to the investment of all funds under the control of the City Treasurer.

These funds are accounted for in the City of Escondido’s Comprehensive Annual Financial Report and include:
 General Fund
 Special Revenue Funds
 Debt Service Funds
 Capital Project Funds
 Enterprise Funds
 Internal Service Funds
 Trust Funds

This policy does not apply to the Employees Deferred Compensation Fund and PERS funds, which are administered separately. Also, this investment policy does not apply stocks, bonds, or other securities donated to the Escondido Public Library until such time as the Library Board of Trustees determines to dispose of such securities

Bond proceeds shall be invested in the securities permitted by the applicable bond documents. If the bond docume nts are silent as to the permitted investments, the bond proceeds will be invested in the securities permitted by this Policy.

Notwithstanding the other provisions of this Policy, the percentage limitations listed in elsewhere in this Policy do not apply to bond proceeds.

III. Prudence

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2 Pursuant to California Government Code Section 53600.3, as amended, the City Council and all persons authorized to make investment decisions on behalf of the City are trustees of the public funds and therefore fiducia ries subject to the following prudent investor standard.

When investing, reinvesting, purchasing, acquiring, exchanging, selling, or managing public funds, a trustee shall act with care, skill prudence and diligence under the circumstances then prevailing, including, but not limited to, the general economic conditions and the anticipated needs of the agency, that a prudent person acting in a like capacity and familiarity with those matters would use in the conduct of funds of a like character and with like aims, to safeguard the principal and maintain the liquidity needs of the agency. Within the limitations of this section and considering individual investments as part of an overall strategy, investments may be acquired as authorized by law.

The City Treasu rer and other individuals who are assigned to manage the investment portfolio, when they are acting in accordance with the City’s investment policy, with written procedures and in reasonable reliance on existing California statutes and when they have properly exercised due diligence, will be relieved of personal responsibility for an individual security’s credit risk or market price changes, provided deviations from expectations are reported in a timely fashion and appropriate action is taken to control adverse developments.

IV. Investment Objectives
A. The criteria for selecting investments by order of priority shall be:

1. Safety. Safety of principal is the City of Escondido’s foremost objective.

Investments shall seek to ensure that capital losses resulting from institution default, broker-dealer default, or the erosion of market value are avoided. The City of Escondido shall seek to preserve principal by mitigating th e two types of risk: credit risk and market risk.
a. Credit risk, defined as the risk of loss due to failure of the issuer of a security, shall be mitigated by investing in only the highest quality securities (see authorized investments) and by diversifying the investment portfolio so that the failure of any one issuer would not unduly harm the City’s cash flow. b. Market risk, defined as the risk of market value fluctuations due to overall changes in the general level of interest rates, shall be mitigated by structuring the portfolio to eliminate the need to sell securities prior to ma turity; and by prohibiting the taking of short positions, that is, selling securities that the City does not own. It is explicitly recognized, however, that in a diversified portfolio, occasional measured losses may occur, and must be considered within the context of overall investment return.
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3 2. Liquidity. The portfolio will be structured with sufficient liquidity to allow the City to meet expected cash requirements. The investment portfolio shall remain sufficiently liquid to ensure that projected expe nditure requirements of the next six months can be met with a combination of anticipated revenues, maturing securities, and highly liquid investments and shall maintain a minimum level of short-term investments (one year or less) equivalent to 25% of the General Fund operating budget. The duration is also mentioned in the “Maturity” section.

3. Yield. In a manner consistent with the objectives of safety of principal and liquidity uppermost, a yield higher than the market rate of return shall be sought. The core of investments is limited to relatively low risk securities in anticipation of earning a fair return relative to the risk being assumed. Securities shall generally be held until maturity with the following exceptions:
 A security with declining credit may be sold early to minimize loss of principal.  A security swap would improve the quality, yield, or target duration in the portfolio.
 Liquidity needs of the portfolio require that the security be sold.

B. It shall be the policy of the City that all idle funds shall be invested consistent with providing adequate cash to meet the City's obligation.

V. Executive Investment Committee
The Executive Investment Committee will act in an advisory and oversight capacity to review and discuss investment portfolio management and investment policy compliance.

The City Manager, the City Treasurer, and the Finance Director will serve as permanent members of the Executive Investment Committee. Other members, as deemed necessary or desirable, may be appointed to the committee by the City Treasurer or the City Manager. The Treasury and Finance Department personnel shall serve as staff to the committee.

VI. Required Reporting
The City Treasurer or his designees shall report to the City Manager and City Council the following reports:

A. A monthly list of list of transactions.

B. Quarterly investment report (as per Government Code Section 53646) will include the type of investment, issuer, date of maturity, par, and dollar amount invested and market value for each security held by the City. The report shall state compliance of the portfolio to the statement of investment policy, or manner in which the portfolio is not in compliance. The report shall state the source of the market value valuation and include a statement denoting the ability to meet the City's expected expenditure

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4 requirements for the next six months. The quarterly report shall be submitted within 30 days of the end of the quarter.

C. An annual report setting forth a statement of investment policy.

VII. Authorized Financial Institutions and Broker/Dealers A. The following requirements only apply to purchases made directly by the City and not purchased directly from the issuer
B. General criteria for the selection of financial institutions and broker/dealers shall be developed by the City Treasurer and reviewed by the City Investment Committee.

C. Selection of financial institutions and broker/dealers shall be performed by authorized City staff under direction of the Executive Investment Committee. The City has an established formal procedure process in place for the selection of financial institutions and broker/dealers. As determined necessary by the Executive Investment Committee, the City will distribute a broker/dealer questionnaire to interested and known financial institutions and broker/dealers. The City Treasurer will maintain a list of qu alified broker/dealers authorized to provide investment services to the City of Escondido. The list may include primary or regional dealers that are credit worthy and qualify under the uniform net capital rule of the Securities & Exchange Commission Rule 15C3-1.

All financial institutions and broker/dealers who desire to provide investment services must participate in the City’s formal broker /dealer questionnaire process. To be considered, the financial institution or broker/dealers must supply the follo wing as appropriate:
 Completed broker/dealer questionnaire
 Proof of Financial Industry Regulatory Authority (FINRA) registration  License to conduct business in the state of California  Audited financial statements demonstrating compliance with state and fed eral capital adequacy guidelines
 Certification of having read and understood and agreeing to comply with the City of Escondido’s investment policy
 Evidence of adequate insurance coverage
Qualified broker/dealers selected to do business with the City shall submit annually a current audited financial statement.

After the annual adoption of the City’s Investment Policy by the City Council, a copy shall be sent to all broker/dealers approved to do business with the City. Confirmation of receipt of this policy shall be considered evidence that the dealer understands the City’s investment policies and intends to sell the City only appropriate investments authorized by this investment policy.
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5 D. General criteria for the selection of banks and savings and loan s into which the City shall invest its funds shall be developed by the City Treasurer and reviewed by the Executive Investment Committee subject to the limitations set forth in this policy.

E. Selection of specific institutions in which City funds may be invested shall be performed by authorized City staff under the direction of the Executive Investment Committee.

F. Institutions in which City funds may be invested shall be classified by the City Treasurer and reviewed by the Executive Investment Committee. The classification shall determine the maximum dollar amount allowable for investment in the specified institution.

G. If the City has contracted with an investment advisor to provide investment services, the investment advisor may use their own list of approved issuers, brokers/dealers and financial institutions with which to conduct transactions on the City’s behalf.

VIII. Safekeeping and Custody
To protect against potential losses by the collapse of individual securities dealers, all deliverable securities owned by the City shall be held in safekeeping by a third party bank trust department acting as agent for the City under the terms of a custody agreement executed by the bank and the City. All deliverable securities will be received and delivered using standard delivery versus payment (DVP) procedures.

IX. Accountability and Authority
A. The Escondido Municipal Code vests authority for and control of investments to the City Treasurer. Responsibility for the investment program is hereby delegated by the City Council to the C ity Treasurer, for a period of one -year, who shall thereafter assume full responsibility for the investment program until the delegation of authority is revoked. Subject to review, the City Council may renew the delegation of authority each year.

B. The City Treasurer may delegate the authority to conduct investment transactions to qualified and competent officials and employees of the City. Daily management responsibility of the investment program may be delegated to Treasury staff and/or the Finance Director who shall establish procedures for operation consistent with the investment policy.

C. The City Treasurer may utilize the services of an external investment advisor to assist with the investment program. The advisor shall act in a manner consistent with this Investment Policy and any written directions provided by the City Treasurer or other delegated officials per subsection B above . Furthermore, the advisor may not take possession of the City’s cash or securities. Such investment advisors must be registered under the Investment Advisers Act of 1940.

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6 X. Ethics and Conflicts of Interest
Officers and employee s involved in the investment process shall refrain from personal business activity that conflicts with proper execution of the investment program or impairs their ability to make impartial investment decisions. Additionally, the City Treasurer and the Finance Director are required to annually file a Statement of Economic Interest as mandated by Government Code Section 91013.

XI. Internal Control
The City Treasurer or his designee shall establish procedures for controlling daily investment transactions and monthly reconciliation of accounts. Separation of functions between the City Treasurer’s Office and the Finance Department is designed to provide an internal review to prevent the potential for converting asse ts or concealing transactions. The investment portfolio and all related transactions are balanced to appropriate general ledger accounts by the Finance Department on a monthly basis. Such procedures and controls shall be subject to review and comments by the City’s independent auditor.

XII. Authorized and Suitable Investments
A. Qualifying Investment Instruments Policy:

1. The following instruments are generally approved as qualifying investment instruments for City funds:
a. U.S. Treasury Obligations
b. U.S. Agency Securities
c. Municipal Securities
d. Supranationals
e. Negotiable Certificates of Deposit
f. Banker's Acceptances
g. Commercial Paper
h. Repurchase Agreements
i. Local Agency Investment Fund (LAIF) of the State of California j. Local Government Investment Pools
k. Bank Deposits
l. Placement Service Deposits
m. Medium-Term Notes
n. Asset-Backed Securities
o. Money Market Funds

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7 2. Within the qualified investment instrument listing, the Executive Investment Committee may further define, qualify, and restrict use of City investment monies.

3. Trading is prohibited when cash or liquid securities are not available to pay for the securities being purchased. The taking of short positions, that is, selling securities which the City does not own, is also prohibited.

4. Investments which exceed 5 years in maturity require that authority be granted by City Council before purchase. Writ ten authority of the City Council must be granted specifically or as part of an investment program no less than three months prior to the date of purchase (California Government Code Section 53601).

5. Callable agency securities (i.e. securities redeemable in part or in full by the issuer prior to the maturity date) shall not exceed 30% of the value of the portfolio.

Callable agency securities which have passed their final call date and are no longer callable will not be included when calculating the 30% limit.

6. The City may invest in floating-rate securities whose coupon resets are based upon a single fixed income index which would re presentative of an eligible investment (e.g. LIBOR, T-bill, prime, 2-year CMT), provided that the security is not leveraged (e.g. 2 times an index) or has a coupon that resets inversely to the underlying index.

B. Diversification by Type of Investment:

The City is governed by California Government Code, Sections 53600 (et seq.). It shall be the policy of the City that investments shall be diversified with respect to the type of investment instruments used. Percentage limitations and credit rating requirements listed in this policy apply at the time of purchase. If a security owned by the City is downgraded below the minimum credit rating required at purchase, the City Treasurer shall determine the course of action on a case-by-case basis considering such factors as the reason for the downgrade, prognosis for recovery or further rating downgrades, and the market price of the security. Within the context of these limitations, the following investments are generally approved as qualifying investment instruments for City funds, as further limited herein:

1. United States Treasury Bills, Bonds, and Notes, or those for which the full faith and credit of the United States are pledged for payment of principal and interest.

There is no limitation as to the percentage of the portfolio, which can be invested in this category.

2. Federal agency or United States government -sponsored enterprise obligations, participations, or other instruments, including those issued by or fully guaranteed as to principal and interest by federal agencies or United States government - sponsored enterprises. There is no limitation as to the percentage of the portfolio, which can be invested in this category . However, no more than 30% of the portfolio can be invested in any one agency name.
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8 3. Municipal Debt to include registered state warrants or treasury notes or bonds of this state, including bonds payable solely out of the revenues from a revenue - producing property owned, controlled, or operated by the state or by a department, board, agency, or authority of the state.

Registered treasury notes or bonds of any of the other 49 states in addition to California, including bonds payable solely out of the revenues from a revenue - producing property owned, controlled, or operated by a state or by a department, board, agency, or authority of any of the other 49 states, in addition to California.

Bonds, notes, warrants, or other evidences of indebtedness of a local agency within this state, including bonds payable solely out of the revenues from a revenue-producing property owned, controlled, or operated by the local agency, or by a department, board, agency, or authority of the local agency.

Purchases are limited to securities rated in a rating category of “A” (long-term) or “A-1” (short -term) or their equivalents or better by an Nationally Recognized Statistical Rating Organizations (NRSRO). A maximum of 40% of the portfolio may be invested in this category.

4. United States dollar denominated senior unsecured, unsubordinated obligations issued or unconditionally guaranteed by the International Bank for Reconstruction and Developm ent (IBRD), International Finance Corporation (IFC), or Inter - American Development Bank (IADB) with a maximum remaining maturity of five years or less, and eligible for purchase and sale within the United States.

Investments under this subdivision shall be rated in a rating category of “AA” or better by an NRSRO A maximum of 30% of the portfolio may be invested in this category. These investments shall be classified as “Supranationals” for reporting purposes.

5. Negotiable Certificates of Deposit (NCD) issued by a nationally or state-chartered bank, a savings association or a federal association (as defined by Section 5102 of the Financial Code), a state or federal credit union, or by a federally -licensed or state-licensed branch of a foreign bank. Purchases are limited to securities rated in a rating category of “A” (long -term) or “A-1” (short-term) or their equivalents or better by an NRSRO . NCDs for which the ful l amount of the principal and the interest that may be accrued during the maximum term of each certificate is insured by federal deposit insurance are exempt from the rating requirements. A maximum of 30% of the portfolio may be invested in this category.

6. Bills of exchange or time drafts drawn on and accepted by a commercial bank otherwise known as bankers ' acceptances. Eligible bankers’ acceptances are restricted to issuing financial institutions that have short -term debt rated in the rating category of “A -1” or its equivalent or better by a NRSRO. Purchases of banker's acceptances may not exceed 180 days to maturity. A maximum of 30% of the portfolio may be invested in this category.
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9 7. Commercial paper of “prime” quality of the highest ranking or of the highest letter and number rating as provided by a NRSRO. The entity that issues the commercial paper shall meet all of the following conditions: (A) Is organized and operating in the United States as a general corporation; (B) Has total assets in excess of five hundred million dollars ($500,000,000), and (C) Has debt other than commercial paper, if any, that is rated in a rating category of “A” or its equivalent or better by an NRSRO. Purchases of eligible commercial paper may not exceed 270 days. A maximum of 25% of the portfolio may be invested in this category. The City may not purchase more than 10 percent of the outstanding commercial paper of any single issuer.

8. Repurchase Agreements used solely as short-term investments not to exceed one year. The following collateral restrictions will be observed: Only U.S. Treasury securities or Federal Agency securities. A ll securities underlying Repurchase Agreements must be delivered to the City’s custodian bank or held by a third party custodial agreement. The City or its trustee shall have a perfected first security interest under the Uniform Commercial Code in all securities subject to repurchase agreement. The City shall have properly executed a Master Repurchase Agreement with each counter party with which it enters into repurchase agreements. The total of all collateral for each Repurchase Agreement must equal or exceed, on the basis of market value, 102% of the funds invested against those securities. For any Repurchase Agreement with a term of more than one day, the value of the underlying securities must be reviewed on a weekly basis and the value of the underlying securities brought back up to 102% no later than the next business day. Market value must be calculated each time there is a substitution of collateral.

9. Local Agency Investment Fund. The City may invest in the Local Agency Investment Fund (LAIF) established by the State Treasurer for the benefit of local agencies up to the maximum amount permitted by State Law . The City’s investment in LAIF will be determined accordin g to the City’s liquidity needs and may not exceed the limit set by LAIF for operating accounts . When calculating this limit, the City doe s not include bond proceeds invested with LAIF. These bond proceeds are held separately to meet arbitrage regulations and are not part of our pooled investments. LAIF has traditionally limited investments to short - term government type bonds. Treasury staff reviews the LAIF statements quarterly to ensure that this practice is maintained.

10. Local Government Investment Pools (LGIP). Shares of beneficial interest issued by a joint powers authority organized pursuant to Section 6509.7 that invests in the securities and obligations authorized in Government Code. Investments will be limited to LGIPs that seek to maintain a stable net asset value. Whenever the City has any funds invested in a LGIP, the City Treasurer shall maintain on file a copy of the LGIP’s current information statement and periodically review the LG IP’s investments. There is no limitation as to the percentage of the portfolio that can be invested in this category.
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10 11. FDIC insured or fully collateralized bank deposits, including, but not limited to, demand deposit accounts, savings accounts, market rate accounts, and time deposits. To be eligible to receive City deposits, the financial institution must be located in California and have received a minimum overall satisfactory rating, under the Community Redevelopment Act, for meeting the credit needs of California Communities in its most recent evaluation. The amount on deposit in any financial institution shall not exceed the shareholder’s equity. Bank deposits are required to be collateralized as specified under Government Code Section 53630 et. seq. The City Treasurer, at his/her discretion, may waive the collateralization requirements for any portion that is covered by federal deposit insurance. The City shall have a signed agreement with any depository accepting City funds per Government Code Secti on 53649. The maturity of time certificate of deposits (TCDs) may not exceed 3 years. There is no limit on the percentage of the portfolio that may be invested in bank deposits. However, a maximum of 20 percent of the portfolio may be invested in TCDs

12. Insured deposits placed with a private sector entity that assists in the placement of deposits with eligible financial institutions located in the United States (Government Code Section 53601.8). The full amount of the principal and the interest that may be accrued during the maximum term of each deposit shall at all times be insured by federal deposit insurance. A maximum of 30 percent of the portfolio may be invested in this category. The maximum investment maturity will be restricted to three (3) years.

13. Medium-term notes, defined as all corporate and depository institution debt securities with a maximum remaining maturity of five years or less, issued by corporations organized and operating within the United States or by depository institutions licensed by the United States or any state and operating within the United States. Purchases are limited to securities rated in a rating category of “A” or its equivalent or better by an NRSRO. A maximum of 30% of the portfolio may be invested in this category.

14. Mortgage passthrough security, collateralized mortgage obligation, mortgage - backed or other pay-through bond, equipment lease-backed certificate, consumer receivable passthrough certificate, or consumer receivable -backed bond with a maximum remaining maturity of five years or less. Securities eligible for purchase shall be rated in a rating category of “AA” or its equivalent or better by an NRSRO.

A maximum of 20% of the portfolio may be invested in this category.

15. Money market fu nds (MMF) are restricted to Government Money Market Funds.

Furthermore, these Money Market Funds must have met either of the following criteria: (A) Attained the highest ranking or the highest letter and numerical rating provided by not less than two NRSROs, or (B) Retained an investment advisor with not less than five years’ experience and registered or exempt from registration with the SEC, with assets under management in excess of five hundred million dollars ($500,000,000). Whenever the City has any funds invested in a MMF, the 40 Item5.

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11 City Treasurer shall maintain on file a copy of the MMF’s current information statement. A maximum of 20% of the portfolio may be invested in this category

16. Ineligible Investments. Investments not described herein, including, but not limited to, common stocks , inverse floaters, range notes, or mortgage -derived interest-only strips are prohibited from use in this portfolio.

C. Diversification by Institution.

The City shall seek to diversify its investments within the portfolio to avoid incurring unreasonable risks inherent in over investing in specific investment types, individual financial institutions or maturities.

To promote diversification, no more than 5% of the portfolio may be invested in the securities of any one issuer, regardless of security type; excluding U.S. Treasuries, federal agencies, supranationals, and pooled investments such as LAIF, money market funds, or local government investment pools.

D. Investment Compliance Review
All securities held by the City will be maintained in compliance with Section XII, Authorized and Suitable Investments. The investment portfolio shall be reviewed quarterly to determine compliance with these parameters. Non-compliance events will be evaluated to determine and initiate actions needed to adjust investment yields, maturities, percentage requirements or other, in order to bring the portfolio back into compliance. In the event an instance of non-compliance is recommended by the City Treasurer, authorization may be given by the Executive Investment Committee and the Mayor if done unanimously. All major and critical incidences of non -compliance shall be reported in the quarterly treasurer’s report to the City Council.

Summary Table of the Policy's Authorized and Suitable Investments: 1

Investment Type
Maximum
Maturity 2
Maximum
% of
Portfolio
Maximum
% with
One
Issuer
Minimum
Rating 3
U.S. Treasury Obligations 5 years None None None
U.S. Agency Securities 5 years 100% 30% None
Municipal Securities 5 years 40% 5% A
Supranationals 5 years 30% 30% AA
Negotiable Certificates of Deposit 4 5 years 30% 5% A
Bankers' Acceptances 4 180 days 30% 5% A-1
Commercial Paper 4 270 days 25% 5% A-1
Repurchase Agreements4 1 year None None (5)
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12 Investment Type
Maximum
Maturity 2
Maximum
% of
Portfolio
Maximum
% with
One
Issuer
Minimum
Rating 3
Local Agency Investment Fund N/A $75M None None
Local Government Investment Pools N/A None None (6)
Bank Deposits 7 5 years 100% 100% (5)
Placement Service Deposits7 5 years 30% 30% (7)
Medium Term Notes4 5 years 30% 5% A
Asset-Backed Securities 4 5 years 20% 5% AA
Money Market Funds8 N/A 20% 20% (8)

1. Within the investments permitted by the Code, the City seeks to further restrict eligible investments to the guidelines listed above. In the event a discrepancy is found between this Policy and the Summary Table above, the more restrictive parameters will take precedence. See Section XII of the City Treasurer’s Investment Policy for additional detail.

2. In the absence of a specified maximum, the maximum is 5 years.

3. Minimum credit rating categories apply to the category without regards to modifications (+/-). Credit ratings are from any NRSRO.

4. Per issuer limitations apply across investment types.

5. Collateralization is required. See Section XII of the City Treasurer’s Investment Policy for additional detail.

6. The LGIP must have retained an advisor that is registered or exempt from registration with the Securities and Exchange Commission, has not less than five years of experience investing in the securities and obligations authorized by Code, and has assets under management in excess of five hundred million dollars ($500,000,000).

7. Federal deposit is required for the full amount of the deposit and any accrued interest.

8. Money market funds must have the highest ranking or the highest letter and numerical rating provided by not less than two NRSROs or have an investment advisor that meets certain criteria.

XIII. Maturity Goals

1. Subject to the availability of funds, short -term investments (maturity of one year or less) of the City shall not be less than 25 percent of the General Fund annual operating budget of the City.

2. The percentage of the City's portfolio that may be invested intermediate term (maturity term over one year and not greater than five years) shall be determined by the City Treasurer based on estimated cash requirements. 42 Item5.

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13 3. Long-term investments (over five years to maturity date) shall be made only after review and approval by the City Council. Accordingly, no fixed percentage of the City's portfolio is designed for long-term investments.

4. Additional and/or clarifying maturity guidelines shall be adopted from time to time as devised by the City Treasurer and reviewed by the Executive Investment Committee.

XIV. Policy Review
This investment policy shall be reviewe d at least annually to ensure its consistency with the overall objectives of preservation of principal, liquidity, yield, and its relevance to current law and financial and economic trends. The City of Escondido’s investment policy shall be approved by the City Council on an annual basis.

XV. Investment Procedures
The City Treasurer and his/her delegated staff shall establish written investment policy procedures for the day-to-day operations of the investment program consistent with this policy. The procedures should include reference to cash balancing, safekeeping, wire transfer agreements, collateral/depository agreements, and the selection process for financial institutions and broker/dealers. The procedures shall include explicit delegation of authority to persons responsible for investment transactions. No person may engage in an investment transaction except as provided under the terms of this policy and the procedures established by the City Treasurer.

XVI. Investment Strategy and Performance Standards
The investment portfolio shall be managed with the objective of obtaining a rate of return throughout budgetary and economic cycles, commensurate with the investment risk constraints and the cash flow needs. The City will employ an active management approach that allows for the sale of securities prior to their scheduled maturity dates for purposes of improving the portfolio’s credit quality, liquidity, or return in response to changing market conditions or the City’s circumstances. This Policy recognizes that in a diversified portfolio occasional measured losses are inevitable and must be considered within the context of the overall portfolio's structure and expected investment return, with the proviso that adequate diversification and credit analysis have been implemented.

An appropriate performance benchmark shall be established against which portfolio performance shall be compared on a regular basis. The selected performance benchmark shall be representative of the City’ s overall investmen t objectives and liquidity requirements.

43 Item5.

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14 XVII. Investment Pools/Mutual Funds
A thorough investigation of the pool/fund is required prior to investing, and on a continual basis. There shall be a questionnaire developed which will answer the following general questions:

1. A description of eligible investment securities, and a written statement of investment policy and objectives.

2. A description of interest calculations and how it is distributed, and how gains and losses are treated.

3. A description of how the securities are safeguarded (including the settlement processes), and how often the securities are priced and the program audited.

4. A description of who may invest in the program, how often, what size depo sit and withdrawal are allowed.

5. A schedule for receiving statements and portfolio listings.

6. Are reserves, retained earnings, etc. utilized by the pool/fund?

7. A fee schedule, and when and how is it assessed.

8. Is the pool/fund eligible for bond proceeds and/or will it accept such proceeds?

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15 APPENDIX

CITY OF ESCONDIDO

INVESTMENT PROCEDURE MANUAL
Purpose
The purpose of these guidelines is to help create a Procedure Manual to assist Treasury staff with day-to-day investment operations.

References and subjects at the beginning of each section refer to elements in the Investment Policy. In the event a discrepancy between this Appendix and the requirements in the body of the Policy, the requirements listed in the Body of the Policy take precedence.

Cash Review
I. Policy
II. Scope
IX. Accountability and Authority
The City Treasurer or his/her designee, must review the cash balances and investment portfolio daily, or as needed. Items to be reviewed should include:
a) Balance of City of Escondido’s General Account
b) Maturing Investments (includes all investments)
c) Large incoming wires from the State, County, and other miscellaneous agencies d) Large outgoing wires such as debt service payments and routine wires such as San Diego County Water Authority, Kaiser, and Workers’ Compensation Service pro vider and any other routine that may be added
e) Accounts payable and payroll disbursements
Investment Selection
III. Prudence
IV. Objective
XII. Authorized and Suitable Investments
XII B. Diversification
XIII. Maturity Goals

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16 The City Treasurer or designee determines how much of the cash balance is available for investment and selects the area of the yield curve that most closely matches the required maturity date based on cash flow needs.

In determining the maturity date, the Treasurer designee, should consider liquidity, cash flow , and expected expenditures. A review of some of the following sources should determine whether the investments should be placed to match projected expenditures or shorter, or take advantage of current and expected interest rate environments:
a) Review daily business publications and commentaries from financial institutions and brokers.
b) Read publications, Wall Street Journal , and watch media (CNBC) for general trends of economic interests.
c) Input from approved broker/dealers.

Purchasing an Investment
VII. Authorized Financial Institutions and Broker/Dealers VIII. Safekeeping and Custody
XII. Authorized and Suitable Investments
XII B. Diversification of Investments
XIII. Maturity Goals
Financial institutions are selected through a “Request for Proposal” (RFP) process. Broker/dealers are selected through a formal questionnaire process, which helps provide the following evaluation:
a) Financial conditions, strength, and capability to fulfill commitments. b) Overall reputation with other investors.
c) Regulatory status of the broker/dealer (all providers). d) Background and expertise of the individual representative.

Selection of financial institutions and broker/dealers shall be performed by authorized City staff under direction of the Executive Investment Committee. The City has an established formal procedure process in place for the selection of financial institutions and broker/dealers. Every three to five years the City will distribute a broker/dealer questionnaire to interested and known financial institutions and broker /dealers. The City Treasurer will maintain a list of qualified broker/dealers authorized to provide investment services to the City of Escondido. The list may include primary or regional dealers that are credit worthy and Rule 15C3-1. 46 Item5.

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17 All financial inst itutions and broker/dealers who desire to provide investment services must participate in the City’s formal broker/dealer questionnaire process. To be considered, the financial institution or broker/dealers must supply the following as appropriate:
 Completed broker/dealer questionnaire
 Proof of Financial Industry Regulatory Authority (FINRA) registration  License to conduct business in the State of California  Audited financial statements demonstrating compliance with state and federal capital adequacy guidelines
 Certification of having read and understood and agreeing to comply with the City of Escondido’s investment policy
 Evidence of adequate insurance coverage
Qualified broker/dealers selected to do business with the City shall submit annually curren t audited financial statement.

After the annual adoption of the City’s investment policy by the City Council, a copy shall be sent to all broker/dealers approved to do business with the City. Confirmation of receipt of this policy shall be considered evidence that the dealer understands the City’s investment policies and intends to sell the City only appropriate investments authorized by this investment policy.

The Treasurer designee shall be as specific as possible in requesting the offering in purchasing a security. If a particular type of investment or a particular agency is to be excluded due to policy limitations that should be stated to the providers. If collateral is required (i.e. for Repo’s or CD’s) the collateral limitations (excess margin, types of securities, maximum maturity, etc.) should be specified. The City may invest in repurchase agreements provided it has a signed master repurchase contract, which specifies terms and conditions of repurchase agreements.

The following must be determined prior to contacting the providers:
a) Settlement – cash, regular (next day), skip (2 business days), corporate (3 business days) or when-issued if a new issue.
b) Amount – either par value or total dollars to be invested. c) Type of security to be purchased or type to be excluded. d) Targeted maturity or maturity range.
e) Time limit to show offering – 5 minutes, 15 minutes, or a specified time.

If choosing an external pool (or LAIF or Money Market) as the preferred investment vehicle at the time, the following should be available for inspection prior to purchase and at reasonable time thereafter:
a) LAIF written investment policy and a copy of the “LAIF ANSWER BOOK” (which contains detailed information about LAIF).

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18 b) A prospectus for the Money Market funds or bank-managed funds. c) The balance of the LAIF account is reviewed to adhere to the City’s investment pool limit.

Before concluding the transaction, the following should be validated:
a) The security selected for purchase meets all criteria including portfolio -diversification, collateralization (if appropriate), and maturity. If the security has any imbedded options such as call provisions or coupon adjustments, these should also be reviewed. Current practice is to buy bullet securities, no callable. The strategy is buy and hold. b) Verify yield.
c) Total purchase cost (including accrued interest) does not exceed funds available for investment.
d) Advise the successful provider that their offering has been selected for purchase. e) After confirmation of the purchase, as a courtesy, notify the other broker/dealers that you have placed the investment. Best price may be disclosed if the other broker/dealers ask.

After consummation of the transaction, and prior to settlement date, the fol lowing information should be confirmed with the provider in order to ensure prompt and uninterrupted settlement:
a) Reconfirm amounts of transaction (principal, accrued interest, if any, and total cost). b) Reconfirm settlement date.
c) Acquire CUSIP number of security, if applicable.
d) Obtain a copy of the Bloomberg (trade ticket plus description page).

All qualified broker/dealers have the City’s delivery instructions, which consist of the following:
a) Name of third-party safekeeping agent (currently Bank of New York Mellon Trust, contact designated customer service representative)
b) ABA number of safekeeping agent.
c) Safekeeping account number.

Settlement and Follow-Through
IX. Accountability and Authority
The City Treasurer or other designee should forward to the safekeeping agent, by fax or e-mail, detailed information regarding investment transaction. The detailed information of the purchased security will consist of:
a) Type of security.
b) Par amount, stated coupon, interest yield, maturity date, and CUSIP number.

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19 c) Specified dollar amount (principal amount, accrued interest, if applicable, and total cost). d) Note the broker of the investment transaction.
e) Signature of the Treasurer designee.

A phone call should be made to the safekeeping agent to inform of purchase and confirm receipt of the investment information. When applicable the following should be verified:
a) Provision of receipt or disbursement of funds.
b) Internal transfer or wiring of funds.
c) Written validation from safekeeping agent.
d) Notification of discrepancy prior to acceptance or rejection of the transaction. e) Immediate notification if a fail has occurred: by provider if they are responsible, by safekeeping agent if they are responsible.
f) That all verbal and written verifications have been forwarded to and received from applicable parties to ensure that transaction was successfully executed.

Investment Strategy and Performance Standards
XVI. Accountability and Authority
The investment portfolio shall be managed with the objective of obtaining a rate of return throughout budgetary and economic cycles, commensurate with the investment risk cons traints and the cash flow needs. The City will employ an active management approach that allows for the sale of securities prior to their scheduled maturity dates for purposes of improving the portfolio’s credit quality, liquidity, or return in response to changing market conditions or the City’s circumstances. This Policy recognizes that in a diversified portfolio occasional measured losses are inevitable and must be considered within the context of the overall portfolio's structure and expected investment return, with the proviso that adequate diversification and credit analysis have been implemented.

An appropriate performance benchmark shall be established against which portfolio performance shall be compared on a regular basis. The selected performanc e benchmark shall be representative of the City’s overall investment objectives and liquidity requirements.

49 Item5.

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20 GLOSSARY OF TERMS
Agencies — agencies of the federal government set up to supply credit to various classes of institutions (e.g., S&Ls, small business firms, students, farmers, housing agencies, etc.) Amortized Cost — cost of investments adjusted for premiums and discounts. Amortized cost is used to maintain comparability with market value.

Asked — the price at which securities are offered.

Asset-Backed Securities — Securities whose income payments and hence value is derived from and collateralized (or "backed") by a specified pool of underlying assets which are receivables.

Pooling the assets into financial instruments allows them to be sold to general investors, a process called securitization, and allows the risk of investing in the underlying assets to be diversified because each security will represent a fraction of the total value of the diverse pool of underlying assets. The pools of underlying assets can comprise common payments credit cards, auto loans, mortgage loans, and other types of assets. Interest and principal is paid to investors from borrowers who are paying down their debt.

Bankers’ Acceptance (BA) — a draft, bill or exchange accepted by a bank or trust company. The accepting institution guarantees payment of the bill, as well as the issuer.

Benchmark — a comparative base for measuring the performance or risk tolerance of the investment portfolio. A benchmark should represe nt a close correlation to the level of risk and the average duration of the portfolio’s investments.

Bid — price a prospective buyer is ready to pay.

Bond Indenture — written agreement specifying the terms and conditions for issuing bonds, stating the form of the bond being offered for sale, interest to be paid, the maturity date, call provisions and protective covenants, if any, collateral pledged, the repayment schedule, and other terms. It describes the legal obligations of a bond issuer and the powers of the bond trustee, who has the responsibility for ensuring that interest payments are made to registered bondholders.

Book Value — a term synonymous with amortized cost.

Broker/Dealer — individual or firm acting as principal in securities transaction.

Callables — securities that the issuer has the right to redeem prior to maturity.

Certificates of Deposit (CD) — a time deposit with a specific maturity evidenced by a certificate.

Collateral — securities pledged to secure the value of an investment or deposit.

Commercial Paper – short-term IOU, or unsecured money market obligation, issued by prime rated commercial firms and financial companies, with maturities from 2 days up to 270 days. It 50 Item5.

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21 is a promissory note of the issuer used to finance current obligat ions, and is a negotiable instrument.

Comprehensive Annual Financial Report (CAFR) — an annual financial report that contains at a minimum, three sections: introductory, financial and statistical, and whose financial section provides information on each in dividual fund and component unit. (Definition source: 2005 Governmental Accounting, Auditing, and Financial Reporting (GAAFR)).

Coupon — a) the annual rate of interest that a bond's issuer promises to pay the bondholder on the bond's face value; b) a certificate attached to a bond evidencing interest due on a payment date.

Custody — a banking service that provides safekeeping for the individual securities in a customer’s investment portfolio under a written agreement which also calls for the bank to collect and pay out income, to buy, sell, receive, and deliver securities when ordered to do so by the principal.

Delivery vs. Payment — there are two methods of delivery of securities: delivery versus payment and delivery versus receipt. Delivery versus payment is delivery of securities with a simultaneous exchange of money. Delivery versus receipt is delivery of securities with an exchange of a signed receipt for the securities.

Derivatives — a) financial instruments whose return profile is linked to, or deriv ed from, the movement of one or more underlying index or security, and may include a leveraging factor; b) financial contracts based upon notional amounts whose value is derived from an underlying index or security (interest rates, foreign exchange rates, equities or commodities).

Discount — the difference between the cost price of a security and its maturity when quoted at lower than face value. A security selling below original offering price shortly after sale also is considered to be at a discount.

Discount Securities — non-interest bearing money market instruments that are issued a discount and redeemed at maturity for full face value, e.g., U.S. Treasury Bills.

Diversification — dividing investment funds among a variety of securities offering indepen dent returns.

Executive Investment Committee — a committee chaired and appointed by the City Treasurer to oversee the day-to-day investment program of the City.

Federal Credit Agencies — agencies of the federal government set up to supply credit to various classes of institutions and individuals, e.g., S&L’s, small business firms, students, farmers, farm cooperatives and exporters.

Federal Deposit Insurance Corporation (FDIC) — a federal agency that insures bank deposits.

Deposit coverage increased from $1 00,000 to $250,000 per depositor in 2008. The increased coverage limits of $250,000 per depositor, per insured institution, was extended indefinitely effective July 2010 with the passage of the Dodd-Frank Act. 51 Item5.

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22 Federal Funds Rate — the rate of interest ass ociated with borrowing a Federal Reserve Bank’s excess reserves. This rate is currently pegged by the Federal Reserve through open -market operations.

Federal Open Market Committee (FOMC) — a committee that sets interest rate and credit policies for the Federal Reserve System, the United States’ central bank. The FOMC has 12 members.

Seven are the members of the Federal Reserve Board, appointed by the president of the United States. The other five are presidents of the 12 regional Federal Reserve banks. Of the five, four are picked on a rotating basis; the other is the president of the Federal Reserve Bank of New York, who is a permanent member. The committee decides whether to increase or decrease interest rates through open market operations of buying or selling government securities. The committee’s decisions are closely watched and interpreted by economists and stock and bond market analysts, who try to predict whether the Fed is seeking to tighten credit to reduce inflation or to loosen credit to stimulate the economy.

Federal Reserve System — system established by the Federal Reserve Act of 1913 to regulate the U.S. monetary and banking system. The Federal Reserve System (the Fed) is comprised of 12 regional Federal Reserve Banks, their branches, and all national and state that are a part of the system. The Federal Reserve System’s main functions are to regulate the national money supply, set reserve requirements for member banks, supervise the printing of currency at the mint, act as clearinghouse for transfer of funds throughout the banking system, and examine member banks to make sure they meet various Federal Reserve regulations.

Financial Industry Regulatory Authority (FINRA) — The Financial Industry Regulatory Authority (FINRA) is the largest independent regulator for all securities firms doing business in the United States. All told, FINRA oversees nearly 4,750 brokerage firms, about 167,000 branch offices and approximately 634,000 registered securities representatives.

Interest Rate R isk — the risk that investments will lose market value because of increases in market interest rates. A rise in market interest rates will cause the market value of investments made earlier at lower interest rate to lose value. The reverse will cause a gain in market value.

Investment Committee — a committee chaired by the City Treasurer to advise the City Treasurer on policies governing the City's investment program.

Laddered Portfolio — bond investment portfolio with securities in each maturity range (e .g. monthly) over a specified period of time (e.g. five years).

Leverage — investing with borrowed money with the expectation that the interest earned on the investment will exceed the interest paid on the borrowed money.

Liquidity — the ability to turn an asset into cash. The ability to buy or sell an asset quickly and in large volume without substantially affecting the asset’s price.

Local Agency Investment Fund (LAIF) — the aggregate of all funds from political subdivisions that are placed in the custody of the State Treasurer for investment and reinvestment. 52 Item5.

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23 Local Government Investment pool (LGIP) — a type of pooled investment program in which funds from local agency investors/participants are aggregated together for investment purposes.

Market Value — the price at which a security is trading, usually the liquidation value.

Master Repurchase Agreement — a written contract covering all future transactions between the parties to repurchase reverse repurchase agreements that establish each party’s rights in the transactions. A master repurchase agreement will often specify the right of the buyer -lender to liquidate the underlying securities in the event of default by the seller-borrower.

Maturity — the date upon which the principal or stated value of an investment becomes due and payable.

Modified Duration — a measure of the sensitivity that the value of a fixed-income security has to changes in market rates of interest. Modified duration is the best single measure of a portfolio’s or security’s exposure to market risk. Modified duration identifies the potential gain/loss in value before the gain/loss actually occurs. It is a prospective measurement, e.g., a modified duration of 1.5 indicates that when and if a 1% change in market interest rates occurs, a 1.5% change in the value of a security will result. Investments with modified durations of one to three are considered to be relatively conservative.

Money Market — the market in which short -term debt instruments (Treasury bills, commercial paper, bankers’ acceptances, etc.) are issued and traded.

Money Market Fund — A type of mutual fund that invests exclusively in short-term investments.

Nationally Recognized Statistical Rating Organizations (NRSRO) — a credit rating agency (CRA) that issues credit ratings which the U.S. Securities and Exchange Commission (SEC) permits other financial firms to use for certain regulatory purposes.

Offer — price at which someone who owns a security offers to sell it, a lso known as the asked price.

Open Market Operations — activities by which the Securities Department of the Federal Reserve Bank of New York, popularly called the desk, carries out instructions of the Federal Open Market Committee designed to regulate the money supply. Open market operations are the Federal Reserve’s most important and most flexible monetary policy tool.

Portfolio — collection of securities held by an investor.

Primary Dealer — investment dealers authorized to buy and sell government secur ities in direct dealings with the Federal Reserve Bank of New York in its execution of Fed Open Market Operations. Such dealers must be qualified in terms of reputation, capacity, and adequacy of staff and facilities.

Prudent Investor Rule — an investment standard. In California, persons authorized to make investment decisions on behalf of a local agency are considered trustees and therefore fiduciaries subject to the Prudent Investor Rule. A trustee may invest in a security if it is one which would 53 Item5.

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24 be bought by a prudent person of discretion and intelligence who is seeking a reasonable income and preservation of capital.

Rate of Return — the yield obtainable on security based on its purchase price or its current market price.

Repurchase Agreement (RP or REPO) — agreement between a seller and a buyer, usually of U.S. government securities, whereby the seller agrees to repurchase the securities as an agreed upon price and usually, at a stated time. The security “buyer” in effect lends the “seller” money for the period of the agreement, and the terms of the agreement are structured to compensate him for this. Dealers use RP extensively to finance their positions. Exception: when the Fed is said to be doing RP, it is lending money that is, increasing bank reserves.

Required Reports — Section 53646 of the California Government Code specifies that certain information may be periodically transmitted to the City's governing body and chief executive officers by the City's chief fiscal or investment officer.

Safety — the ability of a security issuer to guarantee redemption of their security.

Safekeeping — sees custody
Secondary Market — a market made for the purchase and sale of outstanding issues following the initial distribution.

Securities & Exchange Commission (SEC) — an agency created by Congress to protect investors in securities transactions by administering securities legislation.

SEC Rule 15C3-1 — see Uniform Net Capital Rule.

Time Deposit — a savings account or certificate of deposit held in a financial institution for a fixed term.

Treasury Bills — a non-interest bearing discount security issued by the U.S. Treasury to finance the national debt. Treasury Bills have a maturity of one year or less.

Treasury Bonds — long-term coupon-bearing U.S. Treasury securities issued as direct obligations of the U.S. Government and having initial maturities of more than 10 years.

Treasury Notes — medium-term coupon bearing U.S. Treasury securities issued as direct obligations of the U.S. Government and having initial maturities from one to ten years.

Uniform Net Capital Rule — Securities and Exchange Commission requirement that all SEC registered broker/dealers maintain sufficient liquid resources to promptly satisfy their liabilities, including all claims by customers, creditors and other broker -dealers. The rule requires broker- dealers to maintain the greater of (1) a specified percentage of net capital as it relates to either total broker indebtedness or total customer receivables, or (2) a specified dollar amount.

54 Item5.

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25 Yield -The annual rate of return on an investment generally expressed as a percentage of the securities current price.
55 Item5.

STAFF REPORT

May 8, 2024
File Number 0490-55

SUBJECT
TREASURER’S INVESTMENT REPORT FOR THE QUARTER ENDED MARCH 31, 2024

DEPARTMENT
City Treasurer

RECOMMENDATION
Request that the City Council approve the Quarterly Investment Report for the quarter ended March 31, 2024.

Staff Recommendation: Approve (Douglas Shultz, City Treasurer) Presenter: Douglas Shultz, City Treasurer

FISCAL ANALYSIS
From January 1, 2024 to March 31, 2024, the City’s investment portfolio increased from $187 million to $205 million. The adjusted average annual yield increased from 2.454 percent to 2.723 percent with the portfolio duration at 1.815. We have continued taking advantage of higher yield investments, specifically CAMP, maturing short term investments, and excess receipt inflows over cash payment outflows resulted in an increase of $15.7 million in the book value of the investment portfolio.

PREVIOUS ACTION
The Investment Report for the quarter ended December 31, 2023, was filed with the City Clerk’s office on January 31, 2023 and presented to the City Council on March 6, 2023.

BACKGROUND
The City of Escondido’s ( “City”) Investment Policy requires the City Treasurer to submit a quarterly investment report to the City Council and City Manager. The quarterly investment report should include the type of investment, issuer, date of maturity, par and dollar amount invested and market value for each security held by the City. Details of the City ’s investment portfolio are included in the attached reports that are listed below:
• Summary of Investment Allocation as of March 31, 2023 (Attachment “1”) • Summary of Investment Portfolio Yields for the last 12 months (Attachment “2”) 56 Item6.

• Schedule of Funds Managed by Outside Parties as of March 31, 2023 (Attachment “3”) The Investment Performance Review (attachment “4”) provides a Market Update, the City’s Portfolio Strategy and Performance, Issuer Distributions, Portfolio Distributions and Portfolio H oldings. The Summary of Investment Allocation (attachment “1”) and the Summary of Investment Portfolio Yield for the last 12 months (attachment “2”) shows the total investment portfolio including funds in LAIF, CAMP, Stone Castle, and the City’s money market account with BNY.

There are adequate funds to meet the next six-month’s expected expenditures. As of March 31, 2024, the City complies with all requirements of the City’s Investment Policy.

The increased cash flow has been and will continue to be deployed out on the investment maturity ladder, specifically targeting the next 3-5 years to lock in the current high rates in anticipation of short-term rates coming down in the near future. We continue to take advantage of CAMP’s high interest rates, which allow us one of the highest yields in the market while allowing the liquidity the City needs to maintain cash flows.

ATTACHMENTS
a. Attachment “1” – Summary of Investment Allocation as of March 31, 2024 b. Attachment “2” – Summary of Investment Portfolio Yields for the last 12 months c. Attachment “3” – Schedule of Funds Managed by Outside Parties as of March 31, 2024 d. Attachment “4” – Investment Performance Review for the Quarter End Q1 Y2024 57 Item6.

Investment Type Market Value
State Investment Pool (LAIF) 11,987$ 11,987$ 0.01% California Asset Management Program (CAMP) 37,764,437 37,764,437 18.73% Placement Service Deposits (Stone Castle) 5,179,484 5,179,484 2.57% U.S. Treasury Obligations 102,430,644 100,284,098 49.75% Federal Agency Securities 15,785,092 15,506,964 7.69%
Supranational Securities 2,375,002 2,304,657 1.14%
U.S. Corporate Bonds 27,260,608 26,691,004 13.24%
U.S. Municipal Bonds 7,437,077 7,184,493 3.56%
Asset-Backed Security 3,186,708 3,115,344 1.55%
Money Market Account (BNY Blackrock) 3,536,040 3,536,040 1.75% Total Investment Portfolio - March 2024 204,967,077$ 201,578,507$ 100% Reported Total Investments - December 2023 187,405,420$ 183,385,372$ Change from Prior Quarter 17,561,658$ 18,193,134$
Portfolio Duration 1.815
City of Escondido
Summary of Investment Allocation
as of March 31, 2024
Book Value
Percent of
Portfolio at
Market
0%
19%
3%
50%
8%
1%
13%
3% 1%2%
Summary of Investment Allocation as of
March 31, 2024
State Investment Pool (LAIF)
California Asset Management Program
(CAMP)
Placement Service Deposits (Stone
Castle)
U.S. Treasury Obligations
Federal Agency Securities
Supranational Securities
U.S. Corporate Bonds
Attachment "1"
58 Item6.

Date Book Value Yield
Mar-24 $204,967,077.35 3.126%
Feb-24 $198,761,463.28 2.968%
Jan-24 $190,411,775.06 2.984%
Dec-23 $187,405,419.68 2.964%
Nov-23 $169,755,304.52 2.546%
Oct-23 $169,506,653.66 2.697%
Sep-23 $166,194,953.52 2.400%
Aug-23 $165,374,019.41 2.489%
Jul-23 $175,631,750.31 2.523%
Jun-23 $175,037,226.40 2.910%
May-23 $164,681,177.97 2.614%
Apr-23 $177,151,599.37 2.452%
Average Portfolio Interest Yields 2.723%
* Includes Assets managed by PFM, LAIF, and Stone Castle.

SUMMARY OF INVESTMENT PORTFOLIO YIELDS
FOR THE LAST 12 MONTHS
As of March 31, 2024
Attachment "2"
59 Item6.

CITY OF ESCONDIDO

FUNDS MANAGED BY OUTSIDE PARTIES
As of March 31, 2024
Market Interest Type of
Type of Funds / Institution Value Rate Investment

BOND FUNDS
BANK OF NEW YORK:
1998-1 Rancho San Pasqual Assessment District 352,597.37$ 5.180% Treasury 2013 JPFA Reidy Creek Lease Revenue Bonds (2001 Refunding) 41,469.42 5.200% Treasury 2013 Community Facility District - Hidden Trails (2001 Refunding) 14.52 5.180% Treasury 2015 Community Facility District - Eureka Ranch (2006 Refunding) 39.47 5.190% Treasury 2015 Community Facility District - Eureka Ranch (2006 Refunding) 113.72 0.000% Cash 2015A Wastewater Bond (2004A Refunding) 724,536.11 5.200% Dreyfus Cash Management Fund 2015B Wastewater Bond (2004B Refunding) 258,601.45 5.200% Dreyfus Cash Management Fund 2019 Water Bond (JPFA 19AB) 292.71 4.960% Dreyfus Cash Management Fund 2021A WasteWater Ref Rev 0.00 0.000% Dreyfus Cash Management Fund 2015 Community Facility District - The Villages 11,175,708.90 0.000% Cash/Treasury 12,553,373.67$
SECTION 115 TRUST FUNDS
PUBLIC AGENCY RETIREMENT SERVICES:

PARS Post-Employment Benefits Trust $34,143,093.45 Moderately Conservative HighMark PLUS TOTAL FUNDS MANAGED BY OUTSIDE PARTIES $46,696,467.12
Attachment "3"
60 Item6.

City of Escondido Quarterly Report
City of Escondido (299155)
Quarter End (Q1 Y2024)
12/30/2023 - 03/28/2024
Dated: 04/29/2024
Locked Down
Attachment "4"
61 Item6.

Risk Summary - Fixed Income (City of Escondido (299155)) 1 Multiple Benchmarks Comparison (City of Escondido (299155)) 5 Risk-Adjusted Comparison (City of Escondido (299155)) 6 Exposure - Credit Rating (City of Escondido (299155)) 7 Overview (City of Escondido (299155))
12 Returns (City of Escondido (299155))
14 Comparison (City of Escondido (299155))
15 Exposure - Security Type (City of Escondido (299155)) 16 Exposure - Market Sector (City of Escondido (299155)) 21 Exposure - Issuer Concentration (City of Escondido (299155)) 26 Summary (City of Escondido (299155))
38 Status (City of Escondido (299155))
39 GAAP GL Income Detail (City of Escondido (299155))
42 GAAP Transaction Detail (City of Escondido (299155)) 52 Audit (City of Escondido (299155))
56 Table of Contents
Dated: 04/29/2024
Attachment "4"
62 Item6.

Issuer Concentration
Issuer Ending % of Market
Value + Accrued
United States Department of The Treasury 63.222%
Other 22.755%
Federal Home Loan Banks 3.788%
Federal Home Loan Mortgage Corporation 3.369%
BLAKCROCK 2.229%
Federal National Mortgage Association 2.062%
Inter-American Development Bank 1.453%
Citigroup Inc. 1.121%
--- 100.000%
Footnotes: 1,2
Cash and Fixed Income Summary
Risk Metric Value
MMFund 3,536,039.60
Fixed Income 155,086,559.86
Duration 1.815
Convexity 0.032
WAL 1.952
Years to Final Maturity 1.971
Years to Effective Maturity 1.960
Yield 4.715
Book Yield 2.486
Avg Credit Rating AA-/Aa3/AA-
Balance Sheet
Book Value + Accrued 162,891,818.56
Net Unrealized Gain/Loss -4,269,219.09
Market Value + Accrued 158,622,599.47
Exposure - Security Type
Exposure - Sector
Exposure - Asset Class
Risk Summary - Fixed Income City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 1 Attachment "4"
63 Item6.

Time to Maturity
Credit Duration Heat Map
Rating 0 - 1 1 - 2 2 - 3 3 - 4 4 - 5 5 - 7 7 - 10 10 - 15 15 - 30 AAA 3.608% 0.606% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% AA 17.905% 23.973% 14.691% 21.244% 0.000% 0.000% 0.000% 0.000% 0.000% A 3.924% 2.873% 4.211% 1.790% 0.000% 0.000% 0.000% 0.000% 0.000% BBB 1.735% 0.640% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% BB 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% B 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% CCC 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% CC 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% C 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% NA 0.572% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% 0.000% Exposure - Credit Rating
Exposure - Duration
Risk Summary - Fixed Income City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 2 Attachment "4"
64 Item6.

MMF Asset Allocation Exposure - Currency
Exposure - Industry Group
Exposure - Industry Subgroup
Exposure - Industry Sector
Exposure - Country
Risk Summary - Fixed Income City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 3 Attachment "4"
65 Item6.
1: * Grouped by: Issuer. 2: * Groups Sorted by: Ending % of Market Value + Accrued.

Risk Summary - Fixed Income City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 4 Attachment "4"
66 Item6.

Account and Primary Benchmark
Net of Fees (includes management and trading).

Returns are actual and have not been annualized.

No Tax Adjustment.

Note that data will not exist prior to the performance inception date of: 04/01/2022.

Reported Index Return is always Total Return.

Account/Index Base Market Value + Accrued Trailing Month Total Return, Net of
Fees
Trailing 3 Months
Total Return, Net of
Fees
Trailing 6 Months
Total Return, Net of
Fees
Trailing 12 Months
Total Return, Net of
Fees
Prior Year Total
Return, Net of Fees
Prior 3 Years Total
Return, Net of Fees
Prior 5 Years Total
Return, Net of Fees
Prior 10 Years
Total Return, Net of
Fees
City of Escondido 158,622,599.47 0.391% 0.535% 2.974% 3.801% 4.775% --- --- --- ICE BofA 1-5 Year US Corporate & Government
Index
--- 0.473% 0.245% 3.596% 3.463% 4.882% --- --- ---
Multiple Benchmarks Comparison City of Escondido (299155) Base Currency: USD As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 5 Attachment "4"
67 Item6.

Net of Fees (includes management and trading).

Returns are actual and have not been annualized.

No Tax Adjustment.

Note that data will not exist prior to the performance inception date of: 04/01/2022.

Reported Index Return is always Total Return.

Account Assigned Index Total Return Index Return Sharpe Ratio Information Ratio Standard Deviation Tracking Error City of Escondido ICE BofA 1-5 Year US Corporate & Government Index 0.455% 0.192% 0.034 0.059 0.084% 0.049% Account Index Index Start Date Index End Date
City of Escondido ICE BofA 1-5 Year US Corporate & Government Index 08/02/2002 --- Risk-Adjusted Comparison City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 6 Attachment "4"
68 Item6.

AAA
AA+
Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 05602RAD3 BMWOT 2022-A A3 301,816.99 USD 08/25/2026 ABS AAA Aaa AAA NA 297,348.79 City of Escondido 14041NFY2 COMET 2021-3 A 715,000.00 USD 11/15/2024 ABS AAA NA AAA AAA 695,571.19 City of Escondido 254683CS2 DCENT 2022-2 A 715,000.00 USD 05/15/2025 ABS AAA Aaa NA AAA 700,276.08 City of Escondido 345286AC2 FORDO 2022-A A3 152,272.68 USD 06/15/2026 ABS AAA NA AAA AAA 148,696.50 City of Escondido 380146AC4 GMCAR 2022-1 A3 195,687.37 USD 11/16/2026 ABS AAA NA AAA AAA 190,965.75 City of Escondido 43815GAC3 HAROT 2021-4 A3 154,854.30 USD 01/21/2026 ABS AAA Aaa NA AAA 151,110.74 City of Escondido 448977AD0 HART 2022-A A3 576,664.12 USD 10/15/2026 ABS AAA NA AAA AAA 564,766.05 City of Escondido 4581X0DK1 INTER-AMERICAN DEVELOPMENT BANK 835,000.00 USD 03/14/2025 SUPRANATIONAL AAA Aaa AAA AAA 809,581.90 City of Escondido 4581X0DZ8 INTER-AMERICAN DEVELOPMENT BANK 1,530,000.00 USD 09/23/2024 SUPRANATIONAL AAA Aaa AAA NA 1,495,075.20 City of Escondido 50117XAE2 KCOT 212 A3 180,741.00 USD 11/17/2025 ABS AAA Aaa NA AAA 176,781.27 City of Escondido 574193TQ1 MARYLAND ST 375,000.00 USD 08/01/2024 MUNI AAA Aaa AAA AAA 369,341.88 City of Escondido 60412AVJ9 MINNESOTA ST 275,000.00 USD 08/01/2025 MUNI AAA Aaa AAA AAA 260,462.13 City of Escondido 977123X60 WISCONSIN (STATE OF) 640,000.00 USD 07/01/2024 MUNI AAA NA AAA AA+ 633,654.61 City of Escondido 98163KAC6 WOART 2021-D A3 194,918.34 USD 10/15/2026 ABS AAA NA AAA AAA 189,827.35 City of Escondido --- --- 6,841,954.80 USD 05/08/2025 --- AAA Aaa AAA AAA 6,683,459.45Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 037833BZ2 APPLE INC 1,000,000.00 USD 08/04/2026 CORP AA+ Aaa AA+ NA 953,633.06 City of Escondido 3130AJKW8 FEDERAL HOME LOAN BANKS 1,000,000.00 USD 06/13/2025 AGCY BOND AA+ Aaa AA+ AA+ 950,802.22 City of Escondido 3130AV7F3 FEDERAL HOME LOAN BANKS 1,000,000.00 USD 06/14/2024 AGCY BOND AA+ Aaa AA+ AA+ 1,015,022.50 Exposure - Credit Rating City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 7 Attachment "4"
69 Item6.

Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 3130AWLY4 FEDERAL HOME LOAN BANKS 2,000,000.00 USD 06/13/2025 AGCY BOND AA+ Aaa AA+ AA+ 2,033,920.56 City of Escondido 3130AYNN2 FEDERAL HOME LOAN BANKS 2,000,000.00 USD 02/07/2028 AGCY BOND AA+ Aaa AA+ AA+ 2,009,448.89 City of Escondido 3133EMAC6 FEDERAL FARM CREDIT BANKS FUNDING CORP 1,000,000.00 USD 09/21/2027 AGCY BOND AA+ Aaa AA+ AA+ 881,776.67 City of Escondido 3134GWYS9 FEDERAL HOME LOAN MORTGAGE CORP 1,000,000.00 USD 10/15/2025 AGCY BOND AA+ Aaa AA+ AA+ 939,743.33 City of Escondido 3134GYE40 FEDERAL HOME LOAN MORTGAGE CORP 1,180,000.00 USD 01/26/2026 AGCY BOND AA+ Aaa AA+ AA+ 1,184,947.15 City of Escondido 3135G05X7 FEDERAL NATIONAL MORTGAGE ASSOCIATION 2,000,000.00 USD 08/25/2025 AGCY BOND AA+ Aaa AA+ AA+ 1,880,528.33 City of Escondido 3135G06G3 FEDERAL NATIONAL MORTGAGE ASSOCIATION 360,000.00 USD 11/07/2025 AGCY BOND AA+ Aaa AA+ AA+ 337,158.80 City of Escondido 3135G06G3 FEDERAL NATIONAL MORTGAGE ASSOCIATION 1,125,000.00 USD 11/07/2025 AGCY BOND AA+ Aaa AA+ AA+ 1,053,621.25 City of Escondido 3137BGK24 FHMS K-043 A2 652,047.91 USD 12/25/2024 FHLMC AA+ Aaa AA+ AAA 642,373.18 City of Escondido 3137EAEP0 FEDERAL HOME LOAN MORTGAGE CORP 790,000.00 USD 02/12/2025 AGCY BOND AA+ Aaa AA+ AA+ 767,396.78 City of Escondido 3137EAEX3 FEDERAL HOME LOAN MORTGAGE CORP 1,150,000.00 USD 09/23/2025 AGCY BOND AA+ Aaa AA+ AA+ 1,077,472.38 City of Escondido 3137FBTA4 FHMS K-728 A2 738,459.15 USD 08/25/2024 FHLMC CMO AA+ Aaa AA+ AAA 732,752.27 City of Escondido 54438CYK2 LOS ANGELES CALIF CMNTY COLLEGE DIST 410,000.00 USD 08/01/2025 MUNI AA+ Aaa AA+ NA 388,735.51 City of Escondido 797272QP9 SAN DIEGO CALIF CMNTY COLLEGE DIST 245,000.00 USD 08/01/2024 MUNI AA+ Aa1 AAA NA 243,151.80 City of Escondido 799408Z85 SAN RAMON VALLEY CALIF UNI SCH DIST 405,000.00 USD 08/01/2025 MUNI AA+ Aa1 AA+ NA 383,803.20 City of Escondido 9128282A7 UNITED STATES TREASURY 1,900,000.00 USD 08/15/2026 US GOV AA+ Aaa AA+ AA+ 1,774,527.76 City of Escondido 9128282Y5 UNITED STATES TREASURY 795,000.00 USD 09/30/2024 US GOV AA+ Aaa AA+ AA+ 791,270.56 City of Escondido 9128283J7 UNITED STATES TREASURY 1,480,000.00 USD 11/30/2024 US GOV AA+ Aaa AA+ AA+ 1,460,400.68 City of Escondido 9128283V0 UNITED STATES TREASURY 280,000.00 USD 01/31/2025 US GOV AA+ Aaa AA+ AA+ 275,154.18 City of Escondido 9128286A3 UNITED STATES TREASURY 2,045,000.00 USD 01/31/2026 US GOV AA+ Aaa AA+ AA+ 1,980,219.91 City of Escondido 912828D56 UNITED STATES TREASURY 575,000.00 USD 08/15/2024 US GOV AA+ Aaa AA+ AA+ 570,293.99 City of Escondido 912828V98 UNITED STATES TREASURY 1,160,000.00 USD 02/15/2027 US GOV AA+ Aaa AA+ AA+ 1,095,478.44 City of Escondido 912828W71 UNITED STATES TREASURY 2,650,000.00 USD 03/31/2024 US GOV AA+ Aaa AA+ AA+ 2,677,848.53 City of Escondido 912828W71 UNITED STATES TREASURY 1,420,000.00 USD 03/31/2024 US GOV AA+ Aaa AA+ AA+ 1,434,922.61 City of Escondido 912828XX3 UNITED STATES TREASURY 1,225,000.00 USD 06/30/2024 US GOV AA+ Aaa AA+ AA+ 1,220,639.13 City of Escondido 912828XZ8 UNITED STATES TREASURY 1,500,000.00 USD 06/30/2025 US GOV AA+ Aaa AA+ AA+ 1,471,475.85 City of Escondido 912828Y87 UNITED STATES TREASURY 740,000.00 USD 07/31/2024 US GOV AA+ Aaa AA+ AA+ 733,361.06 City of Escondido 912828Y95 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2026 US GOV AA+ Aaa AA+ AA+ 1,888,875.27 City of Escondido 912828YM6 UNITED STATES TREASURY 635,000.00 USD 10/31/2024 US GOV AA+ Aaa AA+ AA+ 625,329.79 City of Escondido 912828ZL7 UNITED STATES TREASURY 3,375,000.00 USD 04/30/2025 US GOV AA+ Aaa AA+ AA+ 3,217,911.74 City of Escondido 912828ZT0 UNITED STATES TREASURY 2,000,000.00 USD 05/31/2025 US GOV AA+ Aaa AA+ AA+ 1,896,019.34 City of Escondido 912828ZV5 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2027 US GOV AA+ Aaa AA+ AA+ 2,655,157.58 City of Escondido 91282CAB7 UNITED STATES TREASURY 2,380,000.00 USD 07/31/2025 US GOV AA+ Aaa AA+ AA+ 2,240,099.68 City of Escondido 91282CAD3 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2027 US GOV AA+ Aaa AA+ AA+ 1,756,115.05 City of Escondido 91282CAM3 UNITED STATES TREASURY 620,000.00 USD 09/30/2025 US GOV AA+ Aaa AA+ AA+ 580,249.53 City of Escondido 91282CAY7 UNITED STATES TREASURY 2,000,000.00 USD 11/30/2027 US GOV AA+ Aaa AA+ AA+ 1,755,358.36 City of Escondido 91282CBC4 UNITED STATES TREASURY 1,200,000.00 USD 12/31/2025 US GOV AA+ Aaa AA+ AA+ 1,114,340.27 City of Escondido 91282CBH3 UNITED STATES TREASURY 645,000.00 USD 01/31/2026 US GOV AA+ Aaa AA+ AA+ 596,810.46 City of Escondido 91282CBH3 UNITED STATES TREASURY 1,280,000.00 USD 01/31/2026 US GOV AA+ Aaa AA+ AA+ 1,184,368.04 City of Escondido 91282CBH3 UNITED STATES TREASURY 1,000,000.00 USD 01/31/2026 US GOV AA+ Aaa AA+ AA+ 925,287.53 City of Escondido 91282CBH3 UNITED STATES TREASURY 800,000.00 USD 01/31/2026 US GOV AA+ Aaa AA+ AA+ 740,230.02 City of Escondido 91282CBH3 UNITED STATES TREASURY 1,600,000.00 USD 01/31/2026 US GOV AA+ Aaa AA+ AA+ 1,480,460.04 City of Escondido 91282CBJ9 UNITED STATES TREASURY 1,000,000.00 USD 01/31/2028 US GOV AA+ Aaa AA+ AA+ 876,505.05 City of Escondido 91282CBQ3 UNITED STATES TREASURY 400,000.00 USD 02/28/2026 US GOV AA+ Aaa AA+ AA+ 369,953.61 City of Escondido 91282CBQ3 UNITED STATES TREASURY 3,000,000.00 USD 02/28/2026 US GOV AA+ Aaa AA+ AA+ 2,774,652.07 City of Escondido 91282CBT7 UNITED STATES TREASURY 2,000,000.00 USD 03/31/2026 US GOV AA+ Aaa AA+ AA+ 1,861,018.03 City of Escondido 91282CBV2 UNITED STATES TREASURY 4,350,000.00 USD 04/15/2024 US GOV AA+ Aaa AA+ AA+ 4,349,133.57 City of Escondido 91282CCF6 UNITED STATES TREASURY 1,680,000.00 USD 05/31/2026 US GOV AA+ Aaa AA+ AA+ 1,552,284.75 City of Escondido 91282CCF6 UNITED STATES TREASURY 2,400,000.00 USD 05/31/2026 US GOV AA+ Aaa AA+ AA+ 2,217,549.64 City of Escondido 91282CCJ8 UNITED STATES TREASURY 2,050,000.00 USD 06/30/2026 US GOV AA+ Aaa AA+ AA+ 1,895,121.32 City of Escondido 91282CCJ8 UNITED STATES TREASURY 360,000.00 USD 06/30/2026 US GOV AA+ Aaa AA+ AA+ 332,801.79 City of Escondido 91282CDG3 UNITED STATES TREASURY 500,000.00 USD 10/31/2026 US GOV AA+ Aaa AA+ AA+ 461,692.99 Exposure - Credit Rating City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 8 Attachment "4"
70 Item6.

AA
AA-
Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 91282CDG3 UNITED STATES TREASURY 5,000,000.00 USD 10/31/2026 US GOV AA+ Aaa AA+ AA+ 4,616,929.95 City of Escondido 91282CDG3 UNITED STATES TREASURY 400,000.00 USD 10/31/2026 US GOV AA+ Aaa AA+ AA+ 369,354.40 City of Escondido 91282CDG3 UNITED STATES TREASURY 1,000,000.00 USD 10/31/2026 US GOV AA+ Aaa AA+ AA+ 923,385.99 City of Escondido 91282CDH1 UNITED STATES TREASURY 5,000,000.00 USD 11/15/2024 US GOV AA+ Aaa AA+ AA+ 4,878,207.97 City of Escondido 91282CDZ1 UNITED STATES TREASURY 1,175,000.00 USD 02/15/2025 US GOV AA+ Aaa AA+ AA+ 1,140,809.82 City of Escondido 91282CEN7 UNITED STATES TREASURY 2,000,000.00 USD 04/30/2027 US GOV AA+ Aaa AA+ AA+ 1,927,984.84 City of Escondido 91282CER8 UNITED STATES TREASURY 800,000.00 USD 05/31/2024 US GOV AA+ Aaa AA+ AA+ 802,877.38 City of Escondido 91282CEU1 UNITED STATES TREASURY 2,045,000.00 USD 06/15/2025 US GOV AA+ Aaa AA+ AA+ 2,012,582.56 City of Escondido 91282CFB2 UNITED STATES TREASURY 1,000,000.00 USD 07/31/2027 US GOV AA+ Aaa AA+ AA+ 954,461.87 City of Escondido 91282CFB2 UNITED STATES TREASURY 1,000,000.00 USD 07/31/2027 US GOV AA+ Aaa AA+ AA+ 954,461.87 City of Escondido 91282CFH9 UNITED STATES TREASURY 1,000,000.00 USD 08/31/2027 US GOV AA+ Aaa AA+ AA+ 963,522.64 City of Escondido 91282CFU0 UNITED STATES TREASURY 2,000,000.00 USD 10/31/2027 US GOV AA+ Aaa AA+ AA+ 2,018,997.25 City of Escondido 91282CFU0 UNITED STATES TREASURY 1,000,000.00 USD 10/31/2027 US GOV AA+ Aaa AA+ AA+ 1,009,498.63 City of Escondido 91282CGC9 UNITED STATES TREASURY 4,000,000.00 USD 12/31/2027 US GOV AA+ Aaa AA+ AA+ 3,975,258.35 City of Escondido 91282CGP0 UNITED STATES TREASURY 1,000,000.00 USD 02/29/2028 US GOV AA+ Aaa AA+ AA+ 991,982.17 City of Escondido 91282CGP0 UNITED STATES TREASURY 2,000,000.00 USD 02/29/2028 US GOV AA+ Aaa AA+ AA+ 1,983,964.35 City of Escondido 91282CGT2 UNITED STATES TREASURY 5,000,000.00 USD 03/31/2028 US GOV AA+ Aaa AA+ AA+ 4,966,384.56 City of Escondido 91282CHA2 UNITED STATES TREASURY 1,000,000.00 USD 04/30/2028 US GOV AA+ Aaa AA+ AA+ 984,973.08 City of Escondido 91282CHE4 UNITED STATES TREASURY 2,000,000.00 USD 05/31/2028 US GOV AA+ Aaa AA+ AA+ 1,974,090.49 City of Escondido 91282CHH7 UNITED STATES TREASURY 1,000,000.00 USD 06/15/2026 US GOV AA+ Aaa AA+ AA+ 1,002,264.02 City of Escondido 91282CHK0 UNITED STATES TREASURY 2,000,000.00 USD 06/30/2028 US GOV AA+ Aaa AA+ AA+ 1,998,380.44 City of Escondido 91282CHK0 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2028 US GOV AA+ Aaa AA+ AA+ 2,997,570.66 City of Escondido 91282CHU8 UNITED STATES TREASURY 2,000,000.00 USD 08/15/2026 US GOV AA+ Aaa AA+ AA+ 2,003,236.54 City of Escondido 923040GU7 VENTURA CNTY CALIF CMNTY COLLEGE DIST 490,000.00 USD 08/01/2024 MUNI AA+ Aa1 AA+ NA 485,800.70 City of Escondido --- --- 123,010,507.05 USD 05/24/2026 --- AA+ Aaa AA+ AA+ 118,246,186.61Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 605581MZ7 MISSISSIPPI ST 120,000.00 USD 11/01/2024 MUNI AA Aa2 AA AA 117,133.53 City of Escondido 697511FB4 PALOMAR CALIF CMNTY COLLEGE DIST 440,000.00 USD 08/01/2024 MUNI AA Aa2 AA NA 434,090.46 City of Escondido 771196BT8 ROCHE HOLDINGS INC 1,295,000.00 USD 03/10/2025 CORP AA Aa2 AA AA 1,259,925.21 City of Escondido 797412DM2 SAN DIEGO CNTY CALIF WTR AUTH WTR REV 480,000.00 USD 05/01/2025 MUNI AA Aa2 AAA AA+ 459,342.99 City of Escondido 798306WN2 SAN JUAN CALIF UNI SCH DIST 415,000.00 USD 08/01/2024 MUNI AA Aa2 NA WR 408,945.57 City of Escondido 91412HGE7 UNIVERSITY CALIF REVS 375,000.00 USD 05/15/2025 MUNI AA Aa2 AA AA 359,665.02 City of Escondido --- --- 3,125,000.00 USD 01/18/2025 --- AA Aa2 AA AA 3,039,102.78 Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 166764BW9 CHEVRON CORP 425,000.00 USD 05/11/2025 CORP AA- Aa2 AA- NA 411,305.22 City of Escondido 20772KEW5 CONNECTICUT ST 630,000.00 USD 09/15/2025 MUNI AA- Aa3 AA- AA- 620,351.94 City of Escondido 20772KJW0 CONNECTICUT ST 150,000.00 USD 07/01/2024 MUNI AA- Aa3 AA- AA- 149,478.60 City of Escondido 341271AD6 FLORIDA ST BRD ADMIN FIN CORP REV 400,000.00 USD 07/01/2025 MUNI AA- Aa3 AA AA 382,578.04 City of Escondido 341271AD6 FLORIDA ST BRD ADMIN FIN CORP REV 155,000.00 USD 07/01/2025 MUNI AA- Aa3 AA AA 148,248.99 City of Escondido 341271AD6 FLORIDA ST BRD ADMIN FIN CORP REV 150,000.00 USD 07/01/2025 MUNI AA- Aa3 AA AA 143,466.77 City of Escondido 544647FC9 LOS ANGELES CALIF UNI SCH DIST 310,000.00 USD 07/01/2026 MUNI AA- Aa3 NA AAA 288,494.27 City of Escondido --- --- 2,220,000.00 USD 08/06/2025 --- AA- Aa3 AA- AA 2,143,923.83 Exposure - Credit Rating City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 9 Attachment "4"
71 Item6.

A+
A
A-
Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 023135BR6 AMAZON.COM INC 500,000.00 USD 06/03/2027 CORP A+ A1 AA AA- 451,603.33 City of Escondido 023135CP9 AMAZON.COM INC 1,000,000.00 USD 12/01/2027 CORP A+ A1 AA AA- 1,014,973.89 City of Escondido 191216CU2 COCA-COLA CO 1,500,000.00 USD 06/01/2027 CORP A+ A1 A+ WR 1,372,699.17 City of Escondido 89236TKC8 TOYOTA MOTOR CREDIT CORP 500,000.00 USD 06/30/2025 CORP A+ A1 A+ A+ 497,817.64 City of Escondido 904764BN6 UNILEVER CAPITAL CORP 160,000.00 USD 08/12/2024 CORP A+ A1 A+ A 157,239.56 City of Escondido --- --- 3,660,000.00 USD 03/01/2027 CORP A+ A1 AA- AA- 3,494,333.59Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 04636NAA1 ASTRAZENECA FINANCE LLC 700,000.00 USD 05/28/2026 CORP A A2 A A- 649,553.33 City of Escondido 05565EBK0 BMW US CAPITAL LLC 575,000.00 USD 04/09/2025 CORP A A2 A NA 577,510.83 City of Escondido 05565EBU8 BMW US CAPITAL LLC 215,000.00 USD 08/12/2024 CORP A A2 A NA 211,551.22 City of Escondido 06406RBC0 BANK OF NEW YORK MELLON CORP 1,000,000.00 USD 04/25/2025 CORP A A1 A AA- 994,240.56 City of Escondido 110122DN5 BRISTOL-MYERS SQUIBB CO 353,000.00 USD 11/13/2025 CORP A A2 A WR 330,931.62 City of Escondido 110122DN5 BRISTOL-MYERS SQUIBB CO 250,000.00 USD 11/13/2025 CORP A A2 A WR 234,370.83 City of Escondido 14913R2U0 CATERPILLAR FINANCIAL SERVICES CORP 800,000.00 USD 01/08/2027 CORP A A2 A A+ 740,452.00 City of Escondido 14913R3B1 CATERPILLAR FINANCIAL SERVICES CORP 500,000.00 USD 01/06/2026 CORP A A2 A A+ 504,723.33 City of Escondido 24422EWA3 JOHN DEERE CAPITAL CORP 800,000.00 USD 01/11/2027 CORP A A1 A A+ 738,730.67 City of Escondido 24422EWF2 JOHN DEERE CAPITAL CORP 500,000.00 USD 06/06/2025 CORP A A1 A A+ 495,511.11 City of Escondido 437076CM2 HOME DEPOT INC 105,000.00 USD 04/15/2025 CORP A A2 A A 103,677.00 City of Escondido 438516CE4 HONEYWELL INTERNATIONAL INC 700,000.00 USD 03/01/2027 CORP A A2 A A 633,510.89 City of Escondido 665859AW4 NORTHERN TRUST CORP 670,000.00 USD 05/10/2027 CORP A A2 A+ A+ 663,309.68 City of Escondido 87612EBM7 TARGET CORP 180,000.00 USD 01/15/2027 CORP A A2 A A 168,017.10 City of Escondido 87612EBM7 TARGET CORP 650,000.00 USD 01/15/2027 CORP A A2 A A 606,728.42 City of Escondido 91324PEG3 UNITEDHEALTH GROUP INC 200,000.00 USD 05/15/2027 CORP A A2 A+ A 196,662.44 City of Escondido 91324PEG3 UNITEDHEALTH GROUP INC 440,000.00 USD 05/15/2027 CORP A A2 A+ A 432,657.38 City of Escondido --- --- 8,638,000.00 USD 05/24/2026 CORP A A2 A A+ 8,282,138.41 Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 02665WDZ1 AMERICAN HONDA FINANCE CORP 1,000,000.00 USD 09/09/2026 CORP A- A3 A- A 916,902.22 City of Escondido 20030NCR0 COMCAST CORP 635,000.00 USD 04/15/2024 CORP A- A3 A- A- 645,258.78 City of Escondido 254687FK7 WALT DISNEY CO 845,000.00 USD 08/30/2024 CORP A- A2 A- A- 833,488.52 City of Escondido 369550BG2 GENERAL DYNAMICS CORP 700,000.00 USD 05/15/2025 CORP A- A3 A- WR 696,596.44 City of Escondido 459200KM2 INTERNATIONAL BUSINESS MACHINES CORP 1,000,000.00 USD 02/09/2027 CORP A- A3 A- A- 932,465.56 City of Escondido 46647PBH8 JPMORGAN CHASE & CO 750,000.00 USD 03/13/2026 CORP A- A1 A- AA- 725,873.33 City of Escondido 46647PCH7 JPMORGAN CHASE & CO 585,000.00 USD 06/01/2025 CORP A- A1 A- AA- 581,525.62 City of Escondido 61746BDQ6 MORGAN STANLEY 745,000.00 USD 04/29/2024 CORP A- A1 A- A+ 755,911.15 City of Escondido 61747YEM3 MORGAN STANLEY 310,000.00 USD 02/18/2026 CORP A- A1 A- A+ 302,617.44 City of Escondido 63743HFE7 NATIONAL RURAL UTILITIES COOPERATIVE

FINANCE CORP
220,000.00 USD 06/15/2025 CORP A- A2 A- A 217,548.47
City of Escondido 693475AY1 PNC FINANCIAL SERVICES GROUP INC 600,000.00 USD 11/01/2024 CORP A- A3 A- A 593,402.67 City of Escondido 70450YAG8 PAYPAL HOLDINGS INC 500,000.00 USD 06/01/2025 CORP A- A3 A- A- 482,519.17 City of Escondido 91159HHX1 US BANCORP 845,000.00 USD 07/30/2024 CORP A- A3 A A 839,392.02 City of Escondido --- --- 8,735,000.00 USD 06/13/2025 CORP A- A2 A- A 8,523,501.37 Exposure - Credit Rating City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 10 Attachment "4"
72 Item6.

BBB+
NA
Summary

* Grouped by: Rating. * Groups Sorted by: Rating. * Weighted by: Ending Market Value + Accrued.

Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 025816CQ0 AMERICAN EXPRESS CO 350,000.00 USD 03/04/2025 CORP BBB+ A2 BBB+ A 340,725.88 City of Escondido 17290ADP2 CITIGROUP INC 1,000,000.00 USD 04/20/2026 CORP BBB+ A3 BBB+ A 1,014,419.17 City of Escondido 172967MX6 CITIGROUP INC 255,000.00 USD 05/01/2025 CORP BBB+ A3 BBB+ A 254,914.07 City of Escondido 172967MX6 CITIGROUP INC 270,000.00 USD 05/01/2025 CORP BBB+ A3 BBB+ A 269,909.01 City of Escondido 17327CAN3 CITIGROUP INC 245,000.00 USD 01/25/2026 CORP BBB+ A3 BBB+ A 238,390.01 City of Escondido 38141GXS8 GOLDMAN SACHS GROUP INC 650,000.00 USD 02/12/2026 CORP BBB+ A2 BBB+ A 623,263.06 City of Escondido 38150AS97 GOLDMAN SACHS GROUP INC 1,000,000.00 USD 04/04/2025 CORP BBB+ A2 BBB+ A 1,024,546.11 City of Escondido --- --- 3,770,000.00 USD 09/25/2025 CORP BBB+ A2 BBB+ A 3,766,167.30Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido 650036DT0 NEW YORK ST URBAN DEV CORP REV 945,000.00 USD 03/15/2025 MUNI NA NA NR AA+ 907,746.53 City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102 3,536,039.60 USD 03/28/2024 MMFUND NA NA NA NA 3,536,039.60 City of Escondido --- --- 4,481,039.60 USD 06/08/2024 --- NA NA --- AA+ 4,443,786.13 Account Identifier Description Ending Current Units Currency Ending Final Maturity
Security Type Rating Moody's
Rating
S&P
Rating
Fitch
Rating
Ending Market Value +
Accrued
City of Escondido --- --- 164,481,501.46 USD 03/18/2026 --- AA- Aa2 AA- AA 158,622,599.47 Exposure - Credit Rating City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 11 Attachment "4"
73 Item6.

Cash and Fixed Income Summary
Risk Metric Value
MMFund 3,536,039.60
Fixed Income 155,086,559.86
Duration 1.815
Convexity 0.032
WAL 1.952
Years to Final Maturity 1.971
Years to Effective Maturity 1.960
Yield 4.715
Book Yield 2.486
Avg Credit Rating AA-/Aa3/AA-
Balance Sheet
Field Value
Book Value + Accrued 162,891,818.56
Net Unrealized Gain/Loss -4,269,219.09
Market Value + Accrued 158,622,599.47
Compliance Overview
Status Compliant
As of 03/28/2024
Reconciliation Status
Status Reconciled
Last Reconciled For 04/26/2024
Summary
Overview City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 12 Attachment "4"
74 Item6.

Index: ICE BofA 1-5 Year US Corporate & Government Index.

Overview City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 13 Attachment "4"
75 Item6.

Net of Fees (includes management and trading).

Returns are actual and have not been annualized.

No Tax Adjustment.

Note that data will not exist prior to the performance inception date of: 04/01/2022.

Period Begin Period End Total Return, Net of Fees Income Return, Net of Fees Price Return, Net of Fees 12/30/2023 01/31/2024 0.411% 0.219% 0.192%
02/01/2024 02/29/2024 -0.327% 0.213% -0.540%
03/01/2024 03/28/2024 0.371% 0.206% 0.165%
--- --- --- --- ---
Account Index Index Start Date Index End Date
City of Escondido ICE BofA 1-5 Year US Corporate & Government Index 08/02/2002 --- Returns City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 14 Attachment "4"
76 Item6.

Net of Fees (includes management and trading).

Returns are actual and have not been annualized.

No Tax Adjustment.

Note that data will not exist prior to the performance inception date of: 04/01/2022.

Reported Index Return is always Total Return.

Account/Index Base Market Value + Accrued Trailing Month Total Return, Net of
Fees
Trailing 3 Months
Total Return, Net of
Fees
Trailing 6 Months
Total Return, Net of
Fees
Trailing 12 Months
Total Return, Net of
Fees
Trailing 12 Months
Information Ratio,
Net of Fees
Trailing 12 Months
Sharpe Ratio, Net
of Fees
Trailing 12 Months
Standard
Deviation, Net of
Fees
Trailing 12 Months
Tracking Error, Net
of Fees
ICE BofA 1-5 Year US Corporate & Government
Index
--- 0.473% 0.245% 3.596% 3.463% --- --- 0.150% ---
City of Escondido 158,622,599.47 0.391% 0.535% 2.974% 3.801% 0.011 0.009 0.091% 0.073% Comparison City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 15 Attachment "4"
77 Item6.

US GOV
Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido 9128282A7 UNITED STATES TREASURY 1,900,000.00 USD 08/15/2026 US GOV 1,774,527.76 City of Escondido 9128282Y5 UNITED STATES TREASURY 795,000.00 USD 09/30/2024 US GOV 791,270.56 City of Escondido 9128283J7 UNITED STATES TREASURY 1,480,000.00 USD 11/30/2024 US GOV 1,460,400.68 City of Escondido 9128283V0 UNITED STATES TREASURY 280,000.00 USD 01/31/2025 US GOV 275,154.18 City of Escondido 9128286A3 UNITED STATES TREASURY 2,045,000.00 USD 01/31/2026 US GOV 1,980,219.91 City of Escondido 912828D56 UNITED STATES TREASURY 575,000.00 USD 08/15/2024 US GOV 570,293.99 City of Escondido 912828V98 UNITED STATES TREASURY 1,160,000.00 USD 02/15/2027 US GOV 1,095,478.44 City of Escondido 912828W71 UNITED STATES TREASURY 2,650,000.00 USD 03/31/2024 US GOV 2,677,848.53 City of Escondido 912828W71 UNITED STATES TREASURY 1,420,000.00 USD 03/31/2024 US GOV 1,434,922.61 City of Escondido 912828XX3 UNITED STATES TREASURY 1,225,000.00 USD 06/30/2024 US GOV 1,220,639.13 City of Escondido 912828XZ8 UNITED STATES TREASURY 1,500,000.00 USD 06/30/2025 US GOV 1,471,475.85 City of Escondido 912828Y87 UNITED STATES TREASURY 740,000.00 USD 07/31/2024 US GOV 733,361.06 City of Escondido 912828Y95 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2026 US GOV 1,888,875.27 City of Escondido 912828YM6 UNITED STATES TREASURY 635,000.00 USD 10/31/2024 US GOV 625,329.79 City of Escondido 912828ZL7 UNITED STATES TREASURY 3,375,000.00 USD 04/30/2025 US GOV 3,217,911.74 City of Escondido 912828ZT0 UNITED STATES TREASURY 2,000,000.00 USD 05/31/2025 US GOV 1,896,019.34 City of Escondido 912828ZV5 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2027 US GOV 2,655,157.58 City of Escondido 91282CAB7 UNITED STATES TREASURY 2,380,000.00 USD 07/31/2025 US GOV 2,240,099.68 City of Escondido 91282CAD3 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2027 US GOV 1,756,115.05 City of Escondido 91282CAM3 UNITED STATES TREASURY 620,000.00 USD 09/30/2025 US GOV 580,249.53 City of Escondido 91282CAY7 UNITED STATES TREASURY 2,000,000.00 USD 11/30/2027 US GOV 1,755,358.36 City of Escondido 91282CBC4 UNITED STATES TREASURY 1,200,000.00 USD 12/31/2025 US GOV 1,114,340.27 City of Escondido 91282CBH3 UNITED STATES TREASURY 645,000.00 USD 01/31/2026 US GOV 596,810.46 City of Escondido 91282CBH3 UNITED STATES TREASURY 1,280,000.00 USD 01/31/2026 US GOV 1,184,368.04 Exposure - Security Type City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 16 Attachment "4"
78 Item6.

CORP
Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido 91282CBH3 UNITED STATES TREASURY 1,000,000.00 USD 01/31/2026 US GOV 925,287.53 City of Escondido 91282CBH3 UNITED STATES TREASURY 800,000.00 USD 01/31/2026 US GOV 740,230.02 City of Escondido 91282CBH3 UNITED STATES TREASURY 1,600,000.00 USD 01/31/2026 US GOV 1,480,460.04 City of Escondido 91282CBJ9 UNITED STATES TREASURY 1,000,000.00 USD 01/31/2028 US GOV 876,505.05 City of Escondido 91282CBQ3 UNITED STATES TREASURY 400,000.00 USD 02/28/2026 US GOV 369,953.61 City of Escondido 91282CBQ3 UNITED STATES TREASURY 3,000,000.00 USD 02/28/2026 US GOV 2,774,652.07 City of Escondido 91282CBT7 UNITED STATES TREASURY 2,000,000.00 USD 03/31/2026 US GOV 1,861,018.03 City of Escondido 91282CBV2 UNITED STATES TREASURY 4,350,000.00 USD 04/15/2024 US GOV 4,349,133.57 City of Escondido 91282CCF6 UNITED STATES TREASURY 1,680,000.00 USD 05/31/2026 US GOV 1,552,284.75 City of Escondido 91282CCF6 UNITED STATES TREASURY 2,400,000.00 USD 05/31/2026 US GOV 2,217,549.64 City of Escondido 91282CCJ8 UNITED STATES TREASURY 2,050,000.00 USD 06/30/2026 US GOV 1,895,121.32 City of Escondido 91282CCJ8 UNITED STATES TREASURY 360,000.00 USD 06/30/2026 US GOV 332,801.79 City of Escondido 91282CDG3 UNITED STATES TREASURY 500,000.00 USD 10/31/2026 US GOV 461,692.99 City of Escondido 91282CDG3 UNITED STATES TREASURY 5,000,000.00 USD 10/31/2026 US GOV 4,616,929.95 City of Escondido 91282CDG3 UNITED STATES TREASURY 400,000.00 USD 10/31/2026 US GOV 369,354.40 City of Escondido 91282CDG3 UNITED STATES TREASURY 1,000,000.00 USD 10/31/2026 US GOV 923,385.99 City of Escondido 91282CDH1 UNITED STATES TREASURY 5,000,000.00 USD 11/15/2024 US GOV 4,878,207.97 City of Escondido 91282CDZ1 UNITED STATES TREASURY 1,175,000.00 USD 02/15/2025 US GOV 1,140,809.82 City of Escondido 91282CEN7 UNITED STATES TREASURY 2,000,000.00 USD 04/30/2027 US GOV 1,927,984.84 City of Escondido 91282CER8 UNITED STATES TREASURY 800,000.00 USD 05/31/2024 US GOV 802,877.38 City of Escondido 91282CEU1 UNITED STATES TREASURY 2,045,000.00 USD 06/15/2025 US GOV 2,012,582.56 City of Escondido 91282CFB2 UNITED STATES TREASURY 1,000,000.00 USD 07/31/2027 US GOV 954,461.87 City of Escondido 91282CFB2 UNITED STATES TREASURY 1,000,000.00 USD 07/31/2027 US GOV 954,461.87 City of Escondido 91282CFH9 UNITED STATES TREASURY 1,000,000.00 USD 08/31/2027 US GOV 963,522.64 City of Escondido 91282CFU0 UNITED STATES TREASURY 2,000,000.00 USD 10/31/2027 US GOV 2,018,997.25 City of Escondido 91282CFU0 UNITED STATES TREASURY 1,000,000.00 USD 10/31/2027 US GOV 1,009,498.63 City of Escondido 91282CGC9 UNITED STATES TREASURY 4,000,000.00 USD 12/31/2027 US GOV 3,975,258.35 City of Escondido 91282CGP0 UNITED STATES TREASURY 1,000,000.00 USD 02/29/2028 US GOV 991,982.17 City of Escondido 91282CGP0 UNITED STATES TREASURY 2,000,000.00 USD 02/29/2028 US GOV 1,983,964.35 City of Escondido 91282CGT2 UNITED STATES TREASURY 5,000,000.00 USD 03/31/2028 US GOV 4,966,384.56 City of Escondido 91282CHA2 UNITED STATES TREASURY 1,000,000.00 USD 04/30/2028 US GOV 984,973.08 City of Escondido 91282CHE4 UNITED STATES TREASURY 2,000,000.00 USD 05/31/2028 US GOV 1,974,090.49 City of Escondido 91282CHH7 UNITED STATES TREASURY 1,000,000.00 USD 06/15/2026 US GOV 1,002,264.02 City of Escondido 91282CHK0 UNITED STATES TREASURY 2,000,000.00 USD 06/30/2028 US GOV 1,998,380.44 City of Escondido 91282CHK0 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2028 US GOV 2,997,570.66 City of Escondido 91282CHU8 UNITED STATES TREASURY 2,000,000.00 USD 08/15/2026 US GOV 2,003,236.54 City of Escondido --- UNITED STATES TREASURY 104,465,000.00 USD 06/26/2026 US GOV 100,284,098.03 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido 023135BR6 AMAZON.COM INC 500,000.00 USD 06/03/2027 CORP 451,603.33 City of Escondido 023135CP9 AMAZON.COM INC 1,000,000.00 USD 12/01/2027 CORP 1,014,973.89 City of Escondido 025816CQ0 AMERICAN EXPRESS CO 350,000.00 USD 03/04/2025 CORP 340,725.88 City of Escondido 02665WDZ1 AMERICAN HONDA FINANCE CORP 1,000,000.00 USD 09/09/2026 CORP 916,902.22 City of Escondido 037833BZ2 APPLE INC 1,000,000.00 USD 08/04/2026 CORP 953,633.06 City of Escondido 04636NAA1 ASTRAZENECA FINANCE LLC 700,000.00 USD 05/28/2026 CORP 649,553.33 City of Escondido 05565EBK0 BMW US CAPITAL LLC 575,000.00 USD 04/09/2025 CORP 577,510.83 City of Escondido 05565EBU8 BMW US CAPITAL LLC 215,000.00 USD 08/12/2024 CORP 211,551.22 City of Escondido 06406RBC0 BANK OF NEW YORK MELLON CORP 1,000,000.00 USD 04/25/2025 CORP 994,240.56 City of Escondido 110122DN5 BRISTOL-MYERS SQUIBB CO 353,000.00 USD 11/13/2025 CORP 330,931.62 City of Escondido 110122DN5 BRISTOL-MYERS SQUIBB CO 250,000.00 USD 11/13/2025 CORP 234,370.83 Exposure - Security Type City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 17 Attachment "4"
79 Item6.

AGCY BOND
Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido 14913R2U0 CATERPILLAR FINANCIAL SERVICES CORP 800,000.00 USD 01/08/2027 CORP 740,452.00 City of Escondido 14913R3B1 CATERPILLAR FINANCIAL SERVICES CORP 500,000.00 USD 01/06/2026 CORP 504,723.33 City of Escondido 166764BW9 CHEVRON CORP 425,000.00 USD 05/11/2025 CORP 411,305.22 City of Escondido 17290ADP2 CITIGROUP INC 1,000,000.00 USD 04/20/2026 CORP 1,014,419.17 City of Escondido 172967MX6 CITIGROUP INC 255,000.00 USD 05/01/2025 CORP 254,914.07 City of Escondido 172967MX6 CITIGROUP INC 270,000.00 USD 05/01/2025 CORP 269,909.01 City of Escondido 17327CAN3 CITIGROUP INC 245,000.00 USD 01/25/2026 CORP 238,390.01 City of Escondido 191216CU2 COCA-COLA CO 1,500,000.00 USD 06/01/2027 CORP 1,372,699.17 City of Escondido 20030NCR0 COMCAST CORP 635,000.00 USD 04/15/2024 CORP 645,258.78 City of Escondido 24422EWA3 JOHN DEERE CAPITAL CORP 800,000.00 USD 01/11/2027 CORP 738,730.67 City of Escondido 24422EWF2 JOHN DEERE CAPITAL CORP 500,000.00 USD 06/06/2025 CORP 495,511.11 City of Escondido 254687FK7 WALT DISNEY CO 845,000.00 USD 08/30/2024 CORP 833,488.52 City of Escondido 369550BG2 GENERAL DYNAMICS CORP 700,000.00 USD 05/15/2025 CORP 696,596.44 City of Escondido 38141GXS8 GOLDMAN SACHS GROUP INC 650,000.00 USD 02/12/2026 CORP 623,263.06 City of Escondido 38150AS97 GOLDMAN SACHS GROUP INC 1,000,000.00 USD 04/04/2025 CORP 1,024,546.11 City of Escondido 437076CM2 HOME DEPOT INC 105,000.00 USD 04/15/2025 CORP 103,677.00 City of Escondido 438516CE4 HONEYWELL INTERNATIONAL INC 700,000.00 USD 03/01/2027 CORP 633,510.89 City of Escondido 459200KM2 INTERNATIONAL BUSINESS MACHINES CORP 1,000,000.00 USD 02/09/2027 CORP 932,465.56 City of Escondido 46647PBH8 JPMORGAN CHASE & CO 750,000.00 USD 03/13/2026 CORP 725,873.33 City of Escondido 46647PCH7 JPMORGAN CHASE & CO 585,000.00 USD 06/01/2025 CORP 581,525.62 City of Escondido 61746BDQ6 MORGAN STANLEY 745,000.00 USD 04/29/2024 CORP 755,911.15 City of Escondido 61747YEM3 MORGAN STANLEY 310,000.00 USD 02/18/2026 CORP 302,617.44 City of Escondido 63743HFE7 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 220,000.00 USD 06/15/2025 CORP 217,548.47 City of Escondido 665859AW4 NORTHERN TRUST CORP 670,000.00 USD 05/10/2027 CORP 663,309.68 City of Escondido 693475AY1 PNC FINANCIAL SERVICES GROUP INC 600,000.00 USD 11/01/2024 CORP 593,402.67 City of Escondido 70450YAG8 PAYPAL HOLDINGS INC 500,000.00 USD 06/01/2025 CORP 482,519.17 City of Escondido 771196BT8 ROCHE HOLDINGS INC 1,295,000.00 USD 03/10/2025 CORP 1,259,925.21 City of Escondido 87612EBM7 TARGET CORP 180,000.00 USD 01/15/2027 CORP 168,017.10 City of Escondido 87612EBM7 TARGET CORP 650,000.00 USD 01/15/2027 CORP 606,728.42 City of Escondido 89236TKC8 TOYOTA MOTOR CREDIT CORP 500,000.00 USD 06/30/2025 CORP 497,817.64 City of Escondido 904764BN6 UNILEVER CAPITAL CORP 160,000.00 USD 08/12/2024 CORP 157,239.56 City of Escondido 91159HHX1 US BANCORP 845,000.00 USD 07/30/2024 CORP 839,392.02 City of Escondido 91324PEG3 UNITEDHEALTH GROUP INC 200,000.00 USD 05/15/2027 CORP 196,662.44 City of Escondido 91324PEG3 UNITEDHEALTH GROUP INC 440,000.00 USD 05/15/2027 CORP 432,657.38 City of Escondido --- --- 27,523,000.00 USD 01/13/2026 CORP 26,691,004.16 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido 3130AJKW8 FEDERAL HOME LOAN BANKS 1,000,000.00 USD 06/13/2025 AGCY BOND 950,802.22 City of Escondido 3130AV7F3 FEDERAL HOME LOAN BANKS 1,000,000.00 USD 06/14/2024 AGCY BOND 1,015,022.50 City of Escondido 3130AWLY4 FEDERAL HOME LOAN BANKS 2,000,000.00 USD 06/13/2025 AGCY BOND 2,033,920.56 City of Escondido 3130AYNN2 FEDERAL HOME LOAN BANKS 2,000,000.00 USD 02/07/2028 AGCY BOND 2,009,448.89 City of Escondido 3133EMAC6 FEDERAL FARM CREDIT BANKS FUNDING CORP 1,000,000.00 USD 09/21/2027 AGCY BOND 881,776.67 City of Escondido 3134GWYS9 FEDERAL HOME LOAN MORTGAGE CORP 1,000,000.00 USD 10/15/2025 AGCY BOND 939,743.33 City of Escondido 3134GYE40 FEDERAL HOME LOAN MORTGAGE CORP 1,180,000.00 USD 01/26/2026 AGCY BOND 1,184,947.15 City of Escondido 3135G05X7 FEDERAL NATIONAL MORTGAGE ASSOCIATION 2,000,000.00 USD 08/25/2025 AGCY BOND 1,880,528.33 City of Escondido 3135G06G3 FEDERAL NATIONAL MORTGAGE ASSOCIATION 360,000.00 USD 11/07/2025 AGCY BOND 337,158.80 City of Escondido 3135G06G3 FEDERAL NATIONAL MORTGAGE ASSOCIATION 1,125,000.00 USD 11/07/2025 AGCY BOND 1,053,621.25 City of Escondido 3137EAEP0 FEDERAL HOME LOAN MORTGAGE CORP 790,000.00 USD 02/12/2025 AGCY BOND 767,396.78 City of Escondido 3137EAEX3 FEDERAL HOME LOAN MORTGAGE CORP 1,150,000.00 USD 09/23/2025 AGCY BOND 1,077,472.38 City of Escondido --- --- 14,605,000.00 USD 01/15/2026 AGCY BOND 14,131,838.86 Exposure - Security Type City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 18 Attachment "4"
80 Item6.

MUNI
MMFUND
ABS

SUPRANATIONAL
Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido 20772KEW5 CONNECTICUT ST 630,000.00 USD 09/15/2025 MUNI 620,351.94 City of Escondido 20772KJW0 CONNECTICUT ST 150,000.00 USD 07/01/2024 MUNI 149,478.60 City of Escondido 341271AD6 FLORIDA ST BRD ADMIN FIN CORP REV 400,000.00 USD 07/01/2025 MUNI 382,578.04 City of Escondido 341271AD6 FLORIDA ST BRD ADMIN FIN CORP REV 155,000.00 USD 07/01/2025 MUNI 148,248.99 City of Escondido 341271AD6 FLORIDA ST BRD ADMIN FIN CORP REV 150,000.00 USD 07/01/2025 MUNI 143,466.77 City of Escondido 54438CYK2 LOS ANGELES CALIF CMNTY COLLEGE DIST 410,000.00 USD 08/01/2025 MUNI 388,735.51 City of Escondido 544647FC9 LOS ANGELES CALIF UNI SCH DIST 310,000.00 USD 07/01/2026 MUNI 288,494.27 City of Escondido 574193TQ1 MARYLAND ST 375,000.00 USD 08/01/2024 MUNI 369,341.88 City of Escondido 60412AVJ9 MINNESOTA ST 275,000.00 USD 08/01/2025 MUNI 260,462.13 City of Escondido 605581MZ7 MISSISSIPPI ST 120,000.00 USD 11/01/2024 MUNI 117,133.53 City of Escondido 650036DT0 NEW YORK ST URBAN DEV CORP REV 945,000.00 USD 03/15/2025 MUNI 907,746.53 City of Escondido 697511FB4 PALOMAR CALIF CMNTY COLLEGE DIST 440,000.00 USD 08/01/2024 MUNI 434,090.46 City of Escondido 797272QP9 SAN DIEGO CALIF CMNTY COLLEGE DIST 245,000.00 USD 08/01/2024 MUNI 243,151.80 City of Escondido 797412DM2 SAN DIEGO CNTY CALIF WTR AUTH WTR REV 480,000.00 USD 05/01/2025 MUNI 459,342.99 City of Escondido 798306WN2 SAN JUAN CALIF UNI SCH DIST 415,000.00 USD 08/01/2024 MUNI 408,945.57 City of Escondido 799408Z85 SAN RAMON VALLEY CALIF UNI SCH DIST 405,000.00 USD 08/01/2025 MUNI 383,803.20 City of Escondido 91412HGE7 UNIVERSITY CALIF REVS 375,000.00 USD 05/15/2025 MUNI 359,665.02 City of Escondido 923040GU7 VENTURA CNTY CALIF CMNTY COLLEGE DIST 490,000.00 USD 08/01/2024 MUNI 485,800.70 City of Escondido 977123X60 WISCONSIN (STATE OF) 640,000.00 USD 07/01/2024 MUNI 633,654.61 City of Escondido --- --- 7,410,000.00 USD 02/23/2025 MUNI 7,184,492.52 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102 3,536,039.60 USD 03/28/2024 MMFUND 3,536,039.60 City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102 3,536,039.60 USD 03/28/2024 MMFUND 3,536,039.60 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido 05602RAD3 BMWOT 2022-A A3 301,816.99 USD 08/25/2026 ABS 297,348.79 City of Escondido 14041NFY2 COMET 2021-3 A 715,000.00 USD 11/15/2024 ABS 695,571.19 City of Escondido 254683CS2 DCENT 2022-2 A 715,000.00 USD 05/15/2025 ABS 700,276.08 City of Escondido 345286AC2 FORDO 2022-A A3 152,272.68 USD 06/15/2026 ABS 148,696.50 City of Escondido 380146AC4 GMCAR 2022-1 A3 195,687.37 USD 11/16/2026 ABS 190,965.75 City of Escondido 43815GAC3 HAROT 2021-4 A3 154,854.30 USD 01/21/2026 ABS 151,110.74 City of Escondido 448977AD0 HART 2022-A A3 576,664.12 USD 10/15/2026 ABS 564,766.05 City of Escondido 50117XAE2 KCOT 212 A3 180,741.00 USD 11/17/2025 ABS 176,781.27 City of Escondido 98163KAC6 WOART 2021-D A3 194,918.34 USD 10/15/2026 ABS 189,827.35 City of Escondido --- --- 3,186,954.80 USD 12/06/2025 ABS 3,115,343.73 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido 4581X0DK1 INTER-AMERICAN DEVELOPMENT BANK 835,000.00 USD 03/14/2025 SUPRANATIONAL 809,581.90 City of Escondido 4581X0DZ8 INTER-AMERICAN DEVELOPMENT BANK 1,530,000.00 USD 09/23/2024 SUPRANATIONAL 1,495,075.20 City of Escondido --- INTER-AMERICAN DEVELOPMENT BANK 2,365,000.00 USD 11/22/2024 SUPRANATIONAL 2,304,657.10 Exposure - Security Type City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 19 Attachment "4"
81 Item6.

FHLMC CMO
FHLMC
Summary

* Grouped by: Security Type. * Groups Sorted by: Ending Market Value + Accrued. * Weighted by: Ending Market Value + Accrued.

Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido 3137FBTA4 FHMS K-728 A2 738,459.15 USD 08/25/2024 FHLMC CMO 732,752.27 City of Escondido 3137FBTA4 FHMS K-728 A2 738,459.15 USD 08/25/2024 FHLMC CMO 732,752.27 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido 3137BGK24 FHMS K-043 A2 652,047.91 USD 12/25/2024 FHLMC 642,373.18 City of Escondido 3137BGK24 FHMS K-043 A2 652,047.91 USD 12/25/2024 FHLMC 642,373.18 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Ending Market Value + Accrued City of Escondido --- --- 164,481,501.46 USD 03/18/2026 --- 158,622,599.47 Exposure - Security Type City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 20 Attachment "4"
82 Item6.

Government
Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido 4581X0DK1 INTER-AMERICAN DEVELOPMENT BANK 835,000.00 USD 03/14/2025 SUPRANATIONAL Government 809,581.90 City of Escondido 4581X0DZ8 INTER-AMERICAN DEVELOPMENT BANK 1,530,000.00 USD 09/23/2024 SUPRANATIONAL Government 1,495,075.20 City of Escondido 9128282A7 UNITED STATES TREASURY 1,900,000.00 USD 08/15/2026 US GOV Government 1,774,527.76 City of Escondido 9128282Y5 UNITED STATES TREASURY 795,000.00 USD 09/30/2024 US GOV Government 791,270.56 City of Escondido 9128283J7 UNITED STATES TREASURY 1,480,000.00 USD 11/30/2024 US GOV Government 1,460,400.68 City of Escondido 9128283V0 UNITED STATES TREASURY 280,000.00 USD 01/31/2025 US GOV Government 275,154.18 City of Escondido 9128286A3 UNITED STATES TREASURY 2,045,000.00 USD 01/31/2026 US GOV Government 1,980,219.91 City of Escondido 912828D56 UNITED STATES TREASURY 575,000.00 USD 08/15/2024 US GOV Government 570,293.99 City of Escondido 912828V98 UNITED STATES TREASURY 1,160,000.00 USD 02/15/2027 US GOV Government 1,095,478.44 City of Escondido 912828W71 UNITED STATES TREASURY 2,650,000.00 USD 03/31/2024 US GOV Government 2,677,848.53 City of Escondido 912828W71 UNITED STATES TREASURY 1,420,000.00 USD 03/31/2024 US GOV Government 1,434,922.61 City of Escondido 912828XX3 UNITED STATES TREASURY 1,225,000.00 USD 06/30/2024 US GOV Government 1,220,639.13 City of Escondido 912828XZ8 UNITED STATES TREASURY 1,500,000.00 USD 06/30/2025 US GOV Government 1,471,475.85 City of Escondido 912828Y87 UNITED STATES TREASURY 740,000.00 USD 07/31/2024 US GOV Government 733,361.06 City of Escondido 912828Y95 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2026 US GOV Government 1,888,875.27 City of Escondido 912828YM6 UNITED STATES TREASURY 635,000.00 USD 10/31/2024 US GOV Government 625,329.79 City of Escondido 912828ZL7 UNITED STATES TREASURY 3,375,000.00 USD 04/30/2025 US GOV Government 3,217,911.74 City of Escondido 912828ZT0 UNITED STATES TREASURY 2,000,000.00 USD 05/31/2025 US GOV Government 1,896,019.34 City of Escondido 912828ZV5 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2027 US GOV Government 2,655,157.58 City of Escondido 91282CAB7 UNITED STATES TREASURY 2,380,000.00 USD 07/31/2025 US GOV Government 2,240,099.68 City of Escondido 91282CAD3 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2027 US GOV Government 1,756,115.05 City of Escondido 91282CAM3 UNITED STATES TREASURY 620,000.00 USD 09/30/2025 US GOV Government 580,249.53 City of Escondido 91282CAY7 UNITED STATES TREASURY 2,000,000.00 USD 11/30/2027 US GOV Government 1,755,358.36 Exposure - Market Sector City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 21 Attachment "4"
83 Item6.

Industrial
Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido 91282CBC4 UNITED STATES TREASURY 1,200,000.00 USD 12/31/2025 US GOV Government 1,114,340.27 City of Escondido 91282CBH3 UNITED STATES TREASURY 645,000.00 USD 01/31/2026 US GOV Government 596,810.46 City of Escondido 91282CBH3 UNITED STATES TREASURY 1,280,000.00 USD 01/31/2026 US GOV Government 1,184,368.04 City of Escondido 91282CBH3 UNITED STATES TREASURY 1,000,000.00 USD 01/31/2026 US GOV Government 925,287.53 City of Escondido 91282CBH3 UNITED STATES TREASURY 800,000.00 USD 01/31/2026 US GOV Government 740,230.02 City of Escondido 91282CBH3 UNITED STATES TREASURY 1,600,000.00 USD 01/31/2026 US GOV Government 1,480,460.04 City of Escondido 91282CBJ9 UNITED STATES TREASURY 1,000,000.00 USD 01/31/2028 US GOV Government 876,505.05 City of Escondido 91282CBQ3 UNITED STATES TREASURY 400,000.00 USD 02/28/2026 US GOV Government 369,953.61 City of Escondido 91282CBQ3 UNITED STATES TREASURY 3,000,000.00 USD 02/28/2026 US GOV Government 2,774,652.07 City of Escondido 91282CBT7 UNITED STATES TREASURY 2,000,000.00 USD 03/31/2026 US GOV Government 1,861,018.03 City of Escondido 91282CBV2 UNITED STATES TREASURY 4,350,000.00 USD 04/15/2024 US GOV Government 4,349,133.57 City of Escondido 91282CCF6 UNITED STATES TREASURY 1,680,000.00 USD 05/31/2026 US GOV Government 1,552,284.75 City of Escondido 91282CCF6 UNITED STATES TREASURY 2,400,000.00 USD 05/31/2026 US GOV Government 2,217,549.64 City of Escondido 91282CCJ8 UNITED STATES TREASURY 2,050,000.00 USD 06/30/2026 US GOV Government 1,895,121.32 City of Escondido 91282CCJ8 UNITED STATES TREASURY 360,000.00 USD 06/30/2026 US GOV Government 332,801.79 City of Escondido 91282CDG3 UNITED STATES TREASURY 500,000.00 USD 10/31/2026 US GOV Government 461,692.99 City of Escondido 91282CDG3 UNITED STATES TREASURY 5,000,000.00 USD 10/31/2026 US GOV Government 4,616,929.95 City of Escondido 91282CDG3 UNITED STATES TREASURY 400,000.00 USD 10/31/2026 US GOV Government 369,354.40 City of Escondido 91282CDG3 UNITED STATES TREASURY 1,000,000.00 USD 10/31/2026 US GOV Government 923,385.99 City of Escondido 91282CDH1 UNITED STATES TREASURY 5,000,000.00 USD 11/15/2024 US GOV Government 4,878,207.97 City of Escondido 91282CDZ1 UNITED STATES TREASURY 1,175,000.00 USD 02/15/2025 US GOV Government 1,140,809.82 City of Escondido 91282CEN7 UNITED STATES TREASURY 2,000,000.00 USD 04/30/2027 US GOV Government 1,927,984.84 City of Escondido 91282CER8 UNITED STATES TREASURY 800,000.00 USD 05/31/2024 US GOV Government 802,877.38 City of Escondido 91282CEU1 UNITED STATES TREASURY 2,045,000.00 USD 06/15/2025 US GOV Government 2,012,582.56 City of Escondido 91282CFB2 UNITED STATES TREASURY 1,000,000.00 USD 07/31/2027 US GOV Government 954,461.87 City of Escondido 91282CFB2 UNITED STATES TREASURY 1,000,000.00 USD 07/31/2027 US GOV Government 954,461.87 City of Escondido 91282CFH9 UNITED STATES TREASURY 1,000,000.00 USD 08/31/2027 US GOV Government 963,522.64 City of Escondido 91282CFU0 UNITED STATES TREASURY 2,000,000.00 USD 10/31/2027 US GOV Government 2,018,997.25 City of Escondido 91282CFU0 UNITED STATES TREASURY 1,000,000.00 USD 10/31/2027 US GOV Government 1,009,498.63 City of Escondido 91282CGC9 UNITED STATES TREASURY 4,000,000.00 USD 12/31/2027 US GOV Government 3,975,258.35 City of Escondido 91282CGP0 UNITED STATES TREASURY 1,000,000.00 USD 02/29/2028 US GOV Government 991,982.17 City of Escondido 91282CGP0 UNITED STATES TREASURY 2,000,000.00 USD 02/29/2028 US GOV Government 1,983,964.35 City of Escondido 91282CGT2 UNITED STATES TREASURY 5,000,000.00 USD 03/31/2028 US GOV Government 4,966,384.56 City of Escondido 91282CHA2 UNITED STATES TREASURY 1,000,000.00 USD 04/30/2028 US GOV Government 984,973.08 City of Escondido 91282CHE4 UNITED STATES TREASURY 2,000,000.00 USD 05/31/2028 US GOV Government 1,974,090.49 City of Escondido 91282CHH7 UNITED STATES TREASURY 1,000,000.00 USD 06/15/2026 US GOV Government 1,002,264.02 City of Escondido 91282CHK0 UNITED STATES TREASURY 2,000,000.00 USD 06/30/2028 US GOV Government 1,998,380.44 City of Escondido 91282CHK0 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2028 US GOV Government 2,997,570.66 City of Escondido 91282CHU8 UNITED STATES TREASURY 2,000,000.00 USD 08/15/2026 US GOV Government 2,003,236.54 City of Escondido --- --- 106,830,000.00 USD 06/13/2026 --- Government 102,588,755.13 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido 023135BR6 AMAZON.COM INC 500,000.00 USD 06/03/2027 CORP Industrial 451,603.33 City of Escondido 023135CP9 AMAZON.COM INC 1,000,000.00 USD 12/01/2027 CORP Industrial 1,014,973.89 City of Escondido 02665WDZ1 AMERICAN HONDA FINANCE CORP 1,000,000.00 USD 09/09/2026 CORP Industrial 916,902.22 City of Escondido 037833BZ2 APPLE INC 1,000,000.00 USD 08/04/2026 CORP Industrial 953,633.06 City of Escondido 04636NAA1 ASTRAZENECA FINANCE LLC 700,000.00 USD 05/28/2026 CORP Industrial 649,553.33 City of Escondido 05565EBK0 BMW US CAPITAL LLC 575,000.00 USD 04/09/2025 CORP Industrial 577,510.83 City of Escondido 05565EBU8 BMW US CAPITAL LLC 215,000.00 USD 08/12/2024 CORP Industrial 211,551.22 Exposure - Market Sector City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 22 Attachment "4"
84 Item6.

Agency
Financial
Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido 110122DN5 BRISTOL-MYERS SQUIBB CO 353,000.00 USD 11/13/2025 CORP Industrial 330,931.62 City of Escondido 110122DN5 BRISTOL-MYERS SQUIBB CO 250,000.00 USD 11/13/2025 CORP Industrial 234,370.83 City of Escondido 14913R2U0 CATERPILLAR FINANCIAL SERVICES CORP 800,000.00 USD 01/08/2027 CORP Industrial 740,452.00 City of Escondido 14913R3B1 CATERPILLAR FINANCIAL SERVICES CORP 500,000.00 USD 01/06/2026 CORP Industrial 504,723.33 City of Escondido 166764BW9 CHEVRON CORP 425,000.00 USD 05/11/2025 CORP Industrial 411,305.22 City of Escondido 191216CU2 COCA-COLA CO 1,500,000.00 USD 06/01/2027 CORP Industrial 1,372,699.17 City of Escondido 20030NCR0 COMCAST CORP 635,000.00 USD 04/15/2024 CORP Industrial 645,258.78 City of Escondido 24422EWA3 JOHN DEERE CAPITAL CORP 800,000.00 USD 01/11/2027 CORP Industrial 738,730.67 City of Escondido 24422EWF2 JOHN DEERE CAPITAL CORP 500,000.00 USD 06/06/2025 CORP Industrial 495,511.11 City of Escondido 254687FK7 WALT DISNEY CO 845,000.00 USD 08/30/2024 CORP Industrial 833,488.52 City of Escondido 369550BG2 GENERAL DYNAMICS CORP 700,000.00 USD 05/15/2025 CORP Industrial 696,596.44 City of Escondido 437076CM2 HOME DEPOT INC 105,000.00 USD 04/15/2025 CORP Industrial 103,677.00 City of Escondido 438516CE4 HONEYWELL INTERNATIONAL INC 700,000.00 USD 03/01/2027 CORP Industrial 633,510.89 City of Escondido 459200KM2 INTERNATIONAL BUSINESS MACHINES CORP 1,000,000.00 USD 02/09/2027 CORP Industrial 932,465.56 City of Escondido 70450YAG8 PAYPAL HOLDINGS INC 500,000.00 USD 06/01/2025 CORP Industrial 482,519.17 City of Escondido 771196BT8 ROCHE HOLDINGS INC 1,295,000.00 USD 03/10/2025 CORP Industrial 1,259,925.21 City of Escondido 87612EBM7 TARGET CORP 180,000.00 USD 01/15/2027 CORP Industrial 168,017.10 City of Escondido 87612EBM7 TARGET CORP 650,000.00 USD 01/15/2027 CORP Industrial 606,728.42 City of Escondido 89236TKC8 TOYOTA MOTOR CREDIT CORP 500,000.00 USD 06/30/2025 CORP Industrial 497,817.64 City of Escondido 904764BN6 UNILEVER CAPITAL CORP 160,000.00 USD 08/12/2024 CORP Industrial 157,239.56 City of Escondido 91324PEG3 UNITEDHEALTH GROUP INC 200,000.00 USD 05/15/2027 CORP Industrial 196,662.44 City of Escondido 91324PEG3 UNITEDHEALTH GROUP INC 440,000.00 USD 05/15/2027 CORP Industrial 432,657.38 City of Escondido --- --- 18,028,000.00 USD 04/18/2026 CORP Industrial 17,251,015.95 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido 3130AJKW8 FEDERAL HOME LOAN BANKS 1,000,000.00 USD 06/13/2025 AGCY BOND Agency 950,802.22 City of Escondido 3130AV7F3 FEDERAL HOME LOAN BANKS 1,000,000.00 USD 06/14/2024 AGCY BOND Agency 1,015,022.50 City of Escondido 3130AWLY4 FEDERAL HOME LOAN BANKS 2,000,000.00 USD 06/13/2025 AGCY BOND Agency 2,033,920.56 City of Escondido 3130AYNN2 FEDERAL HOME LOAN BANKS 2,000,000.00 USD 02/07/2028 AGCY BOND Agency 2,009,448.89 City of Escondido 3133EMAC6 FEDERAL FARM CREDIT BANKS FUNDING CORP 1,000,000.00 USD 09/21/2027 AGCY BOND Agency 881,776.67 City of Escondido 3134GWYS9 FEDERAL HOME LOAN MORTGAGE CORP 1,000,000.00 USD 10/15/2025 AGCY BOND Agency 939,743.33 City of Escondido 3134GYE40 FEDERAL HOME LOAN MORTGAGE CORP 1,180,000.00 USD 01/26/2026 AGCY BOND Agency 1,184,947.15 City of Escondido 3135G05X7 FEDERAL NATIONAL MORTGAGE ASSOCIATION 2,000,000.00 USD 08/25/2025 AGCY BOND Agency 1,880,528.33 City of Escondido 3135G06G3 FEDERAL NATIONAL MORTGAGE ASSOCIATION 360,000.00 USD 11/07/2025 AGCY BOND Agency 337,158.80 City of Escondido 3135G06G3 FEDERAL NATIONAL MORTGAGE ASSOCIATION 1,125,000.00 USD 11/07/2025 AGCY BOND Agency 1,053,621.25 City of Escondido 3137EAEP0 FEDERAL HOME LOAN MORTGAGE CORP 790,000.00 USD 02/12/2025 AGCY BOND Agency 767,396.78 City of Escondido 3137EAEX3 FEDERAL HOME LOAN MORTGAGE CORP 1,150,000.00 USD 09/23/2025 AGCY BOND Agency 1,077,472.38 City of Escondido --- --- 14,605,000.00 USD 01/15/2026 AGCY BOND Agency 14,131,838.86 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido 025816CQ0 AMERICAN EXPRESS CO 350,000.00 USD 03/04/2025 CORP Financial 340,725.88 City of Escondido 06406RBC0 BANK OF NEW YORK MELLON CORP 1,000,000.00 USD 04/25/2025 CORP Financial 994,240.56 City of Escondido 17290ADP2 CITIGROUP INC 1,000,000.00 USD 04/20/2026 CORP Financial 1,014,419.17 City of Escondido 172967MX6 CITIGROUP INC 255,000.00 USD 05/01/2025 CORP Financial 254,914.07 City of Escondido 172967MX6 CITIGROUP INC 270,000.00 USD 05/01/2025 CORP Financial 269,909.01 City of Escondido 17327CAN3 CITIGROUP INC 245,000.00 USD 01/25/2026 CORP Financial 238,390.01 Exposure - Market Sector City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 23 Attachment "4"
85 Item6.

Municipal
Cash
Asset Backed
Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido 38141GXS8 GOLDMAN SACHS GROUP INC 650,000.00 USD 02/12/2026 CORP Financial 623,263.06 City of Escondido 38150AS97 GOLDMAN SACHS GROUP INC 1,000,000.00 USD 04/04/2025 CORP Financial 1,024,546.11 City of Escondido 46647PBH8 JPMORGAN CHASE & CO 750,000.00 USD 03/13/2026 CORP Financial 725,873.33 City of Escondido 46647PCH7 JPMORGAN CHASE & CO 585,000.00 USD 06/01/2025 CORP Financial 581,525.62 City of Escondido 61746BDQ6 MORGAN STANLEY 745,000.00 USD 04/29/2024 CORP Financial 755,911.15 City of Escondido 61747YEM3 MORGAN STANLEY 310,000.00 USD 02/18/2026 CORP Financial 302,617.44 City of Escondido 63743HFE7 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP
220,000.00 USD 06/15/2025 CORP Financial 217,548.47
City of Escondido 665859AW4 NORTHERN TRUST CORP 670,000.00 USD 05/10/2027 CORP Financial 663,309.68 City of Escondido 693475AY1 PNC FINANCIAL SERVICES GROUP INC 600,000.00 USD 11/01/2024 CORP Financial 593,402.67 City of Escondido 91159HHX1 US BANCORP 845,000.00 USD 07/30/2024 CORP Financial 839,392.02 City of Escondido --- --- 9,495,000.00 USD 07/21/2025 CORP Financial 9,439,988.22 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido 20772KEW5 CONNECTICUT ST 630,000.00 USD 09/15/2025 MUNI Municipal 620,351.94 City of Escondido 20772KJW0 CONNECTICUT ST 150,000.00 USD 07/01/2024 MUNI Municipal 149,478.60 City of Escondido 341271AD6 FLORIDA ST BRD ADMIN FIN CORP REV 400,000.00 USD 07/01/2025 MUNI Municipal 382,578.04 City of Escondido 341271AD6 FLORIDA ST BRD ADMIN FIN CORP REV 155,000.00 USD 07/01/2025 MUNI Municipal 148,248.99 City of Escondido 341271AD6 FLORIDA ST BRD ADMIN FIN CORP REV 150,000.00 USD 07/01/2025 MUNI Municipal 143,466.77 City of Escondido 54438CYK2 LOS ANGELES CALIF CMNTY COLLEGE DIST 410,000.00 USD 08/01/2025 MUNI Municipal 388,735.51 City of Escondido 544647FC9 LOS ANGELES CALIF UNI SCH DIST 310,000.00 USD 07/01/2026 MUNI Municipal 288,494.27 City of Escondido 574193TQ1 MARYLAND ST 375,000.00 USD 08/01/2024 MUNI Municipal 369,341.88 City of Escondido 60412AVJ9 MINNESOTA ST 275,000.00 USD 08/01/2025 MUNI Municipal 260,462.13 City of Escondido 605581MZ7 MISSISSIPPI ST 120,000.00 USD 11/01/2024 MUNI Municipal 117,133.53 City of Escondido 650036DT0 NEW YORK ST URBAN DEV CORP REV 945,000.00 USD 03/15/2025 MUNI Municipal 907,746.53 City of Escondido 697511FB4 PALOMAR CALIF CMNTY COLLEGE DIST 440,000.00 USD 08/01/2024 MUNI Municipal 434,090.46 City of Escondido 797272QP9 SAN DIEGO CALIF CMNTY COLLEGE DIST 245,000.00 USD 08/01/2024 MUNI Municipal 243,151.80 City of Escondido 797412DM2 SAN DIEGO CNTY CALIF WTR AUTH WTR REV 480,000.00 USD 05/01/2025 MUNI Municipal 459,342.99 City of Escondido 798306WN2 SAN JUAN CALIF UNI SCH DIST 415,000.00 USD 08/01/2024 MUNI Municipal 408,945.57 City of Escondido 799408Z85 SAN RAMON VALLEY CALIF UNI SCH DIST 405,000.00 USD 08/01/2025 MUNI Municipal 383,803.20 City of Escondido 91412HGE7 UNIVERSITY CALIF REVS 375,000.00 USD 05/15/2025 MUNI Municipal 359,665.02 City of Escondido 923040GU7 VENTURA CNTY CALIF CMNTY COLLEGE DIST 490,000.00 USD 08/01/2024 MUNI Municipal 485,800.70 City of Escondido 977123X60 WISCONSIN (STATE OF) 640,000.00 USD 07/01/2024 MUNI Municipal 633,654.61 City of Escondido --- --- 7,410,000.00 USD 02/23/2025 MUNI Municipal 7,184,492.52 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102 3,536,039.60 USD 03/28/2024 MMFUND Cash 3,536,039.60 City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102 3,536,039.60 USD 03/28/2024 MMFUND Cash 3,536,039.60 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido 05602RAD3 BMWOT 2022-A A3 301,816.99 USD 08/25/2026 ABS Asset Backed 297,348.79 City of Escondido 14041NFY2 COMET 2021-3 A 715,000.00 USD 11/15/2024 ABS Asset Backed 695,571.19 City of Escondido 254683CS2 DCENT 2022-2 A 715,000.00 USD 05/15/2025 ABS Asset Backed 700,276.08 City of Escondido 345286AC2 FORDO 2022-A A3 152,272.68 USD 06/15/2026 ABS Asset Backed 148,696.50 Exposure - Market Sector City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 24 Attachment "4"
86 Item6.

Mortgage Backed
Summary

* Grouped by: Market Sector. * Groups Sorted by: Ending Market Value + Accrued. * Weighted by: Ending Market Value + Accrued.

Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido 380146AC4 GMCAR 2022-1 A3 195,687.37 USD 11/16/2026 ABS Asset Backed 190,965.75 City of Escondido 43815GAC3 HAROT 2021-4 A3 154,854.30 USD 01/21/2026 ABS Asset Backed 151,110.74 City of Escondido 448977AD0 HART 2022-A A3 576,664.12 USD 10/15/2026 ABS Asset Backed 564,766.05 City of Escondido 50117XAE2 KCOT 212 A3 180,741.00 USD 11/17/2025 ABS Asset Backed 176,781.27 City of Escondido 98163KAC6 WOART 2021-D A3 194,918.34 USD 10/15/2026 ABS Asset Backed 189,827.35 City of Escondido --- --- 3,186,954.80 USD 12/06/2025 ABS Asset Backed 3,115,343.73 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido 3137BGK24 FHMS K-043 A2 652,047.91 USD 12/25/2024 FHLMC Mortgage Backed 642,373.18 City of Escondido 3137FBTA4 FHMS K-728 A2 738,459.15 USD 08/25/2024 FHLMC CMO Mortgage Backed 732,752.27 City of Escondido --- --- 1,390,507.05 USD 10/21/2024 --- Mortgage Backed 1,375,125.45 Account Identifier Description Ending Current Units Currency Final Maturity Security Type Market Sector Ending Market Value + Accrued
City of Escondido --- --- 164,481,501.46 USD 03/18/2026 --- --- 158,622,599.47 Exposure - Market Sector City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 25 Attachment "4"
87 Item6.

United States
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 9128282A7 UNITED STATES TREASURY 1,900,000.00 USD 08/15/2026 US GOV United States Department of The Treasury United States 1,774,527.76 City of Escondido 9128282Y5 UNITED STATES TREASURY 795,000.00 USD 09/30/2024 US GOV United States Department of The Treasury United States 791,270.56 City of Escondido 9128283J7 UNITED STATES TREASURY 1,480,000.00 USD 11/30/2024 US GOV United States Department of The Treasury United States 1,460,400.68 City of Escondido 9128283V0 UNITED STATES TREASURY 280,000.00 USD 01/31/2025 US GOV United States Department of The Treasury United States 275,154.18 City of Escondido 9128286A3 UNITED STATES TREASURY 2,045,000.00 USD 01/31/2026 US GOV United States Department of The Treasury United States 1,980,219.91 City of Escondido 912828D56 UNITED STATES TREASURY 575,000.00 USD 08/15/2024 US GOV United States Department of The Treasury United States 570,293.99 City of Escondido 912828V98 UNITED STATES TREASURY 1,160,000.00 USD 02/15/2027 US GOV United States Department of The Treasury United States 1,095,478.44 City of Escondido 912828W71 UNITED STATES TREASURY 2,650,000.00 USD 03/31/2024 US GOV United States Department of The Treasury United States 2,677,848.53 City of Escondido 912828W71 UNITED STATES TREASURY 1,420,000.00 USD 03/31/2024 US GOV United States Department of The Treasury United States 1,434,922.61 City of Escondido 912828XX3 UNITED STATES TREASURY 1,225,000.00 USD 06/30/2024 US GOV United States Department of The Treasury United States 1,220,639.13 City of Escondido 912828XZ8 UNITED STATES TREASURY 1,500,000.00 USD 06/30/2025 US GOV United States Department of The Treasury United States 1,471,475.85 City of Escondido 912828Y87 UNITED STATES TREASURY 740,000.00 USD 07/31/2024 US GOV United States Department of The Treasury United States 733,361.06 City of Escondido 912828Y95 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2026 US GOV United States Department of The Treasury United States 1,888,875.27 City of Escondido 912828YM6 UNITED STATES TREASURY 635,000.00 USD 10/31/2024 US GOV United States Department of The Treasury United States 625,329.79 City of Escondido 912828ZL7 UNITED STATES TREASURY 3,375,000.00 USD 04/30/2025 US GOV United States Department of The Treasury United States 3,217,911.74 City of Escondido 912828ZT0 UNITED STATES TREASURY 2,000,000.00 USD 05/31/2025 US GOV United States Department of The Treasury United States 1,896,019.34 City of Escondido 912828ZV5 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2027 US GOV United States Department of The Treasury United States 2,655,157.58 City of Escondido 91282CAB7 UNITED STATES TREASURY 2,380,000.00 USD 07/31/2025 US GOV United States Department of The Treasury United States 2,240,099.68 City of Escondido 91282CAD3 UNITED STATES TREASURY 2,000,000.00 USD 07/31/2027 US GOV United States Department of The Treasury United States 1,756,115.05 City of Escondido 91282CAM3 UNITED STATES TREASURY 620,000.00 USD 09/30/2025 US GOV United States Department of The Treasury United States 580,249.53 City of Escondido 91282CAY7 UNITED STATES TREASURY 2,000,000.00 USD 11/30/2027 US GOV United States Department of The Treasury United States 1,755,358.36 City of Escondido 91282CBC4 UNITED STATES TREASURY 1,200,000.00 USD 12/31/2025 US GOV United States Department of The Treasury United States 1,114,340.27 City of Escondido 91282CBH3 UNITED STATES TREASURY 645,000.00 USD 01/31/2026 US GOV United States Department of The Treasury United States 596,810.46 Exposure - Issuer Concentration City of Escondido (299155) As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 26 Attachment "4"
88 Item6.

Federal Home Loan Banks
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 91282CBH3 UNITED STATES TREASURY 1,280,000.00 USD 01/31/2026 US GOV United States Department of The Treasury United States 1,184,368.04 City of Escondido 91282CBH3 UNITED STATES TREASURY 1,000,000.00 USD 01/31/2026 US GOV United States Department of The Treasury United States 925,287.53 City of Escondido 91282CBH3 UNITED STATES TREASURY 800,000.00 USD 01/31/2026 US GOV United States Department of The Treasury United States 740,230.02 City of Escondido 91282CBH3 UNITED STATES TREASURY 1,600,000.00 USD 01/31/2026 US GOV United States Department of The Treasury United States 1,480,460.04 City of Escondido 91282CBJ9 UNITED STATES TREASURY 1,000,000.00 USD 01/31/2028 US GOV United States Department of The Treasury United States 876,505.05 City of Escondido 91282CBQ3 UNITED STATES TREASURY 400,000.00 USD 02/28/2026 US GOV United States Department of The Treasury United States 369,953.61 City of Escondido 91282CBQ3 UNITED STATES TREASURY 3,000,000.00 USD 02/28/2026 US GOV United States Department of The Treasury United States 2,774,652.07 City of Escondido 91282CBT7 UNITED STATES TREASURY 2,000,000.00 USD 03/31/2026 US GOV United States Department of The Treasury United States 1,861,018.03 City of Escondido 91282CBV2 UNITED STATES TREASURY 4,350,000.00 USD 04/15/2024 US GOV United States Department of The Treasury United States 4,349,133.57 City of Escondido 91282CCF6 UNITED STATES TREASURY 1,680,000.00 USD 05/31/2026 US GOV United States Department of The Treasury United States 1,552,284.75 City of Escondido 91282CCF6 UNITED STATES TREASURY 2,400,000.00 USD 05/31/2026 US GOV United States Department of The Treasury United States 2,217,549.64 City of Escondido 91282CCJ8 UNITED STATES TREASURY 2,050,000.00 USD 06/30/2026 US GOV United States Department of The Treasury United States 1,895,121.32 City of Escondido 91282CCJ8 UNITED STATES TREASURY 360,000.00 USD 06/30/2026 US GOV United States Department of The Treasury United States 332,801.79 City of Escondido 91282CDG3 UNITED STATES TREASURY 500,000.00 USD 10/31/2026 US GOV United States Department of The Treasury United States 461,692.99 City of Escondido 91282CDG3 UNITED STATES TREASURY 5,000,000.00 USD 10/31/2026 US GOV United States Department of The Treasury United States 4,616,929.95 City of Escondido 91282CDG3 UNITED STATES TREASURY 400,000.00 USD 10/31/2026 US GOV United States Department of The Treasury United States 369,354.40 City of Escondido 91282CDG3 UNITED STATES TREASURY 1,000,000.00 USD 10/31/2026 US GOV United States Department of The Treasury United States 923,385.99 City of Escondido 91282CDH1 UNITED STATES TREASURY 5,000,000.00 USD 11/15/2024 US GOV United States Department of The Treasury United States 4,878,207.97 City of Escondido 91282CDZ1 UNITED STATES TREASURY 1,175,000.00 USD 02/15/2025 US GOV United States Department of The Treasury United States 1,140,809.82 City of Escondido 91282CEN7 UNITED STATES TREASURY 2,000,000.00 USD 04/30/2027 US GOV United States Department of The Treasury United States 1,927,984.84 City of Escondido 91282CER8 UNITED STATES TREASURY 800,000.00 USD 05/31/2024 US GOV United States Department of The Treasury United States 802,877.38 City of Escondido 91282CEU1 UNITED STATES TREASURY 2,045,000.00 USD 06/15/2025 US GOV United States Department of The Treasury United States 2,012,582.56 City of Escondido 91282CFB2 UNITED STATES TREASURY 1,000,000.00 USD 07/31/2027 US GOV United States Department of The Treasury United States 954,461.87 City of Escondido 91282CFB2 UNITED STATES TREASURY 1,000,000.00 USD 07/31/2027 US GOV United States Department of The Treasury United States 954,461.87 City of Escondido 91282CFH9 UNITED STATES TREASURY 1,000,000.00 USD 08/31/2027 US GOV United States Department of The Treasury United States 963,522.64 City of Escondido 91282CFU0 UNITED STATES TREASURY 2,000,000.00 USD 10/31/2027 US GOV United States Department of The Treasury United States 2,018,997.25 City of Escondido 91282CFU0 UNITED STATES TREASURY 1,000,000.00 USD 10/31/2027 US GOV United States Department of The Treasury United States 1,009,498.63 City of Escondido 91282CGC9 UNITED STATES TREASURY 4,000,000.00 USD 12/31/2027 US GOV United States Department of The Treasury United States 3,975,258.35 City of Escondido 91282CGP0 UNITED STATES TREASURY 1,000,000.00 USD 02/29/2028 US GOV United States Department of The Treasury United States 991,982.17 City of Escondido 91282CGP0 UNITED STATES TREASURY 2,000,000.00 USD 02/29/2028 US GOV United States Department of The Treasury United States 1,983,964.35 City of Escondido 91282CGT2 UNITED STATES TREASURY 5,000,000.00 USD 03/31/2028 US GOV United States Department of The Treasury United States 4,966,384.56 City of Escondido 91282CHA2 UNITED STATES TREASURY 1,000,000.00 USD 04/30/2028 US GOV United States Department of The Treasury United States 984,973.08 City of Escondido 91282CHE4 UNITED STATES TREASURY 2,000,000.00 USD 05/31/2028 US GOV United States Department of The Treasury United States 1,974,090.49 City of Escondido 91282CHH7 UNITED STATES TREASURY 1,000,000.00 USD 06/15/2026 US GOV United States Department of The Treasury United States 1,002,264.02 City of Escondido 91282CHK0 UNITED STATES TREASURY 2,000,000.00 USD 06/30/2028 US GOV United States Department of The Treasury United States 1,998,380.44 City of Escondido 91282CHK0 UNITED STATES TREASURY 3,000,000.00 USD 06/30/2028 US GOV United States Department of The Treasury United States 2,997,570.66 City of Escondido 91282CHU8 UNITED STATES TREASURY 2,000,000.00 USD 08/15/2026 US GOV United States Department of The Treasury United States 2,003,236.54 City of Escondido --- UNITED STATES TREASURY 104,465,000.00 USD 06/26/2026 US GOV United States Department of The Treasury
United States 100,284,098.03
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 3130AJKW8 FEDERAL HOME LOAN BANKS 1,000,000.00 USD 06/13/2025 AGCY BOND Federal Home Loan Banks Federal Home Loan Banks 950,802.22 City of Escondido 3130AV7F3 FEDERAL HOME LOAN BANKS 1,000,000.00 USD 06/14/2024 AGCY BOND Federal Home Loan Banks Federal Home Loan Banks 1,015,022.50 City of Escondido 3130AWLY4 FEDERAL HOME LOAN BANKS 2,000,000.00 USD 06/13/2025 AGCY BOND Federal Home Loan Banks Federal Home Loan Banks 2,033,920.56 City of Escondido 3130AYNN2 FEDERAL HOME LOAN BANKS 2,000,000.00 USD 02/07/2028 AGCY BOND Federal Home Loan Banks Federal Home Loan Banks 2,009,448.89 City of Escondido --- FEDERAL HOME LOAN BANKS 6,000,000.00 USD 03/03/2026 AGCY BOND Federal Home Loan Banks Federal Home Loan Banks 6,009,194.17 Exposure - Issuer Concentration City of Escondido (299155) As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 27 Attachment "4"
89 Item6.

Federal Home Loan Mortgage Corporation
(X9USDBRD2) BLAKCROCK
Federal National Mortgage Association
Inter-American Development Bank
Citigroup Inc.

Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 3134GWYS9 FEDERAL HOME LOAN MORTGAGE
CORP
1,000,000.00 USD 10/15/2025 AGCY BOND Federal Home Loan Mortgage Corporation Federal Home Loan Mortgage Corporation 939,743.33 City of Escondido 3134GYE40 FEDERAL HOME LOAN MORTGAGE
CORP
1,180,000.00 USD 01/26/2026 AGCY BOND Federal Home Loan Mortgage Corporation Federal Home Loan Mortgage Corporation 1,184,947.15 City of Escondido 3137BGK24 FHMS K-043 A2 652,047.91 USD 12/25/2024 FHLMC Federal Home Loan Mortgage Corporation Federal Home Loan Mortgage Corporation 642,373.18 City of Escondido 3137EAEP0 FEDERAL HOME LOAN MORTGAGE
CORP
790,000.00 USD 02/12/2025 AGCY BOND Federal Home Loan Mortgage Corporation Federal Home Loan Mortgage Corporation 767,396.78 City of Escondido 3137EAEX3 FEDERAL HOME LOAN MORTGAGE
CORP
1,150,000.00 USD 09/23/2025 AGCY BOND Federal Home Loan Mortgage Corporation Federal Home Loan Mortgage Corporation 1,077,472.38 City of Escondido 3137FBTA4 FHMS K-728 A2 738,459.15 USD 08/25/2024 FHLMC CMO Federal Home Loan Mortgage Corporation Federal Home Loan Mortgage Corporation 732,752.27 City of Escondido --- --- 5,510,507.05 USD 06/28/2025 --- Federal Home Loan Mortgage Corporation
Federal Home Loan Mortgage
Corporation
5,344,685.09
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102
3,536,039.60 USD 03/28/2024 MMFUND BLAKCROCK (X9USDBRD2) BLAKCROCK 3,536,039.60 City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102
3,536,039.60 USD 03/28/2024 MMFUND BLAKCROCK (X9USDBRD2) BLAKCROCK 3,536,039.60 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 3135G05X7 FEDERAL NATIONAL MORTGAGE

ASSOCIATION
2,000,000.00 USD 08/25/2025 AGCY BOND Federal National Mortgage Association Federal National Mortgage Association 1,880,528.33 City of Escondido 3135G06G3 FEDERAL NATIONAL MORTGAGE

ASSOCIATION
360,000.00 USD 11/07/2025 AGCY BOND Federal National Mortgage Association Federal National Mortgage Association 337,158.80 City of Escondido 3135G06G3 FEDERAL NATIONAL MORTGAGE

ASSOCIATION
1,125,000.00 USD 11/07/2025 AGCY BOND Federal National Mortgage Association Federal National Mortgage Association 1,053,621.25 City of Escondido --- FEDERAL NATIONAL MORTGAGE

ASSOCIATION
3,485,000.00 USD 09/25/2025 AGCY BOND Federal National Mortgage Association Federal National Mortgage Association 3,271,308.38 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 4581X0DK1 INTER-AMERICAN DEVELOPMENT
BANK
835,000.00 USD 03/14/2025 SUPRANATION
AL
Inter-American Development Bank Inter-American Development Bank 809,581.90 City of Escondido 4581X0DZ8 INTER-AMERICAN DEVELOPMENT
BANK
1,530,000.00 USD 09/23/2024 SUPRANATION
AL
Inter-American Development Bank Inter-American Development Bank 1,495,075.20 City of Escondido --- INTER-AMERICAN DEVELOPMENT
BANK
2,365,000.00 USD 11/22/2024 SUPRANATION
AL
Inter-American Development Bank Inter-American Development Bank 2,304,657.10 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 17290ADP2 CITIGROUP INC 1,000,000.00 USD 04/20/2026 CORP Citigroup Inc. Citigroup Inc. 1,014,419.17 City of Escondido 172967MX6 CITIGROUP INC 255,000.00 USD 05/01/2025 CORP Citigroup Inc. Citigroup Inc. 254,914.07 City of Escondido 172967MX6 CITIGROUP INC 270,000.00 USD 05/01/2025 CORP Citigroup Inc. Citigroup Inc. 269,909.01 City of Escondido 17327CAN3 CITIGROUP INC 245,000.00 USD 01/25/2026 CORP Citigroup Inc. Citigroup Inc. 238,390.01 City of Escondido --- CITIGROUP INC 1,770,000.00 USD 12/25/2025 CORP Citigroup Inc. Citigroup Inc. 1,777,632.25 Exposure - Issuer Concentration City of Escondido (299155) As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 28 Attachment "4"
90 Item6.

The Goldman Sachs Group, Inc.

Amazon.com, Inc.

The Coca-Cola Company
JPMorgan Chase & Co.

Roche Holding AG
Caterpillar Inc.

Deere & Company
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 38141GXS8 GOLDMAN SACHS GROUP INC 650,000.00 USD 02/12/2026 CORP The Goldman Sachs Group, Inc. The Goldman Sachs Group, Inc. 623,263.06 City of Escondido 38150AS97 GOLDMAN SACHS GROUP INC 1,000,000.00 USD 04/04/2025 CORP The Goldman Sachs Group, Inc. The Goldman Sachs Group, Inc. 1,024,546.11 City of Escondido --- GOLDMAN SACHS GROUP INC 1,650,000.00 USD 08/01/2025 CORP The Goldman Sachs Group, Inc. The Goldman Sachs Group, Inc. 1,647,809.17 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 023135BR6 AMAZON.COM INC 500,000.00 USD 06/03/2027 CORP Amazon.com, Inc. Amazon.com, Inc. 451,603.33 City of Escondido 023135CP9 AMAZON.COM INC 1,000,000.00 USD 12/01/2027 CORP Amazon.com, Inc. Amazon.com, Inc. 1,014,973.89 City of Escondido --- AMAZON.COM INC 1,500,000.00 USD 10/06/2027 CORP Amazon.com, Inc. Amazon.com, Inc. 1,466,577.22 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 191216CU2 COCA-COLA CO 1,500,000.00 USD 06/01/2027 CORP The Coca-Cola Company The Coca-Cola Company 1,372,699.17 City of Escondido 191216CU2 COCA-COLA CO 1,500,000.00 USD 06/01/2027 CORP The Coca-Cola Company The Coca-Cola Company 1,372,699.17 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 46647PBH8 JPMORGAN CHASE & CO 750,000.00 USD 03/13/2026 CORP JPMorgan Chase & Co. JPMorgan Chase & Co. 725,873.33 City of Escondido 46647PCH7 JPMORGAN CHASE & CO 585,000.00 USD 06/01/2025 CORP JPMorgan Chase & Co. JPMorgan Chase & Co. 581,525.62 City of Escondido --- JPMORGAN CHASE & CO 1,335,000.00 USD 11/06/2025 CORP JPMorgan Chase & Co. JPMorgan Chase & Co. 1,307,398.95 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 771196BT8 ROCHE HOLDINGS INC 1,295,000.00 USD 03/10/2025 CORP Roche Holdings, Inc. Roche Holding AG 1,259,925.21 City of Escondido 771196BT8 ROCHE HOLDINGS INC 1,295,000.00 USD 03/10/2025 CORP Roche Holdings, Inc. Roche Holding AG 1,259,925.21 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 14913R2U0 CATERPILLAR FINANCIAL SERVICES CORP
800,000.00 USD 01/08/2027 CORP Caterpillar Financial Services Corporation Caterpillar Inc. 740,452.00 City of Escondido 14913R3B1 CATERPILLAR FINANCIAL SERVICES CORP
500,000.00 USD 01/06/2026 CORP Caterpillar Financial Services Corporation Caterpillar Inc. 504,723.33 City of Escondido --- CATERPILLAR FINANCIAL SERVICES
CORP
1,300,000.00 USD 08/12/2026 CORP Caterpillar Financial Services Corporation
Caterpillar Inc. 1,245,175.33
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 24422EWA3 JOHN DEERE CAPITAL CORP 800,000.00 USD 01/11/2027 CORP John Deere Capital Corporation Deere & Company 738,730.67 City of Escondido 24422EWF2 JOHN DEERE CAPITAL CORP 500,000.00 USD 06/06/2025 CORP John Deere Capital Corporation Deere & Company 495,511.11 City of Escondido --- JOHN DEERE CAPITAL CORP 1,300,000.00 USD 05/22/2026 CORP John Deere Capital Corporation Deere & Company 1,234,241.78 Exposure - Issuer Concentration City of Escondido (299155) As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 29 Attachment "4"
91 Item6.

Morgan Stanley
The Bank of New York Mellon Corporation
Apple Inc.

International Business Machines Corporation
Honda Motor Co., Ltd.

The New York State Urban Development Corporation
Farm Credit System
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 61746BDQ6 MORGAN STANLEY 745,000.00 USD 04/29/2024 CORP Morgan Stanley Morgan Stanley 755,911.15 City of Escondido 61747YEM3 MORGAN STANLEY 310,000.00 USD 02/18/2026 CORP Morgan Stanley Morgan Stanley 302,617.44 City of Escondido --- MORGAN STANLEY 1,055,000.00 USD 11/04/2024 CORP Morgan Stanley Morgan Stanley 1,058,528.58 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 06406RBC0 BANK OF NEW YORK MELLON CORP 1,000,000.00 USD 04/25/2025 CORP The Bank of New York Mellon Corporation The Bank of New York Mellon Corporation 994,240.56 City of Escondido 06406RBC0 BANK OF NEW YORK MELLON CORP 1,000,000.00 USD 04/25/2025 CORP The Bank of New York Mellon Corporation
The Bank of New York Mellon
Corporation
994,240.56
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 037833BZ2 APPLE INC 1,000,000.00 USD 08/04/2026 CORP Apple Inc. Apple Inc. 953,633.06 City of Escondido 037833BZ2 APPLE INC 1,000,000.00 USD 08/04/2026 CORP Apple Inc. Apple Inc. 953,633.06 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 459200KM2 INTERNATIONAL BUSINESS MACHINES CORP
1,000,000.00 USD 02/09/2027 CORP International Business Machines Corporation
International Business Machines
Corporation
932,465.56
City of Escondido 459200KM2 INTERNATIONAL BUSINESS MACHINES CORP
1,000,000.00 USD 02/09/2027 CORP International Business Machines Corporation
International Business Machines
Corporation
932,465.56
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 02665WDZ1 AMERICAN HONDA FINANCE CORP 1,000,000.00 USD 09/09/2026 CORP American Honda Finance Corporation Honda Motor Co., Ltd. 916,902.22 City of Escondido 02665WDZ1 AMERICAN HONDA FINANCE CORP 1,000,000.00 USD 09/09/2026 CORP American Honda Finance Corporation Honda Motor Co., Ltd. 916,902.22 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 650036DT0 NEW YORK ST URBAN DEV CORP REV 945,000.00 USD 03/15/2025 MUNI The New York State Urban Development Corporation
The New York State Urban Development
Corporation
907,746.53
City of Escondido 650036DT0 NEW YORK ST URBAN DEV CORP REV 945,000.00 USD 03/15/2025 MUNI The New York State Urban Development Corporation
The New York State Urban Development
Corporation
907,746.53
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 3133EMAC6 FEDERAL FARM CREDIT BANKS

FUNDING CORP
1,000,000.00 USD 09/21/2027 AGCY BOND Federal Farm Credit Banks Funding Corporation
Farm Credit System 881,776.67
City of Escondido 3133EMAC6 FEDERAL FARM CREDIT BANKS

FUNDING CORP
1,000,000.00 USD 09/21/2027 AGCY BOND Federal Farm Credit Banks Funding Corporation
Farm Credit System 881,776.67
Exposure - Issuer Concentration City of Escondido (299155) As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 30 Attachment "4"
92 Item6.

U.S. Bancorp
The Walt Disney Company
Bayerische Motoren Werke Aktiengesellschaft
Target Corporation
State of Connecticut
Discover Card Execution Note Trust, Series 2022-2
General Dynamics Corporation
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 91159HHX1 US BANCORP 845,000.00 USD 07/30/2024 CORP U.S. Bancorp U.S. Bancorp 839,392.02 City of Escondido 91159HHX1 US BANCORP 845,000.00 USD 07/30/2024 CORP U.S. Bancorp U.S. Bancorp 839,392.02 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 254687FK7 WALT DISNEY CO 845,000.00 USD 08/30/2024 CORP The Walt Disney Company The Walt Disney Company 833,488.52 City of Escondido 254687FK7 WALT DISNEY CO 845,000.00 USD 08/30/2024 CORP The Walt Disney Company The Walt Disney Company 833,488.52 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 05565EBK0 BMW US CAPITAL LLC 575,000.00 USD 04/09/2025 CORP BMW US Capital, LLC Bayerische Motoren Werke Aktiengesellschaft
577,510.83
City of Escondido 05565EBU8 BMW US CAPITAL LLC 215,000.00 USD 08/12/2024 CORP BMW US Capital, LLC Bayerische Motoren Werke Aktiengesellschaft
211,551.22
City of Escondido --- BMW US CAPITAL LLC 790,000.00 USD 02/04/2025 CORP BMW US Capital, LLC Bayerische Motoren Werke Aktiengesellschaft
789,062.05
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 87612EBM7 TARGET CORP 180,000.00 USD 01/15/2027 CORP Target Corporation Target Corporation 168,017.10 City of Escondido 87612EBM7 TARGET CORP 650,000.00 USD 01/15/2027 CORP Target Corporation Target Corporation 606,728.42 City of Escondido 87612EBM7 TARGET CORP 830,000.00 USD 01/15/2027 CORP Target Corporation Target Corporation 774,745.52 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 20772KEW5 CONNECTICUT ST 630,000.00 USD 09/15/2025 MUNI State of Connecticut State of Connecticut 620,351.94 City of Escondido 20772KJW0 CONNECTICUT ST 150,000.00 USD 07/01/2024 MUNI State of Connecticut State of Connecticut 149,478.60 City of Escondido --- CONNECTICUT ST 780,000.00 USD 06/21/2025 MUNI State of Connecticut State of Connecticut 769,830.54 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 254683CS2 DCENT 2022-2 A 715,000.00 USD 05/15/2025 ABS Discover Card Execution Note Trust, Series 2022-2
Discover Card Execution Note Trust,
Series 2022-2
700,276.08
City of Escondido 254683CS2 DCENT 2022-2 A 715,000.00 USD 05/15/2025 ABS Discover Card Execution Note Trust, Series 2022-2
Discover Card Execution Note Trust,
Series 2022-2
700,276.08
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 369550BG2 GENERAL DYNAMICS CORP 700,000.00 USD 05/15/2025 CORP General Dynamics Corporation General Dynamics Corporation 696,596.44 City of Escondido 369550BG2 GENERAL DYNAMICS CORP 700,000.00 USD 05/15/2025 CORP General Dynamics Corporation General Dynamics Corporation 696,596.44 Exposure - Issuer Concentration City of Escondido (299155) As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 31 Attachment "4"
93 Item6.

Capital One Multi-Asset Execution Trust, Series 2021-3
Florida Hurricane Catastrophe Fund Finance Corporation
Northern Trust Corporation
AstraZeneca PLC
Comcast Corporation
State of Wisconsin
Honeywell International Inc.

Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 14041NFY2 COMET 2021-3 A 715,000.00 USD 11/15/2024 ABS Capital One Multi-Asset Execution Trust, Series 2021-3
Capital One Multi-Asset Execution Trust,
Series 2021-3
695,571.19
City of Escondido 14041NFY2 COMET 2021-3 A 715,000.00 USD 11/15/2024 ABS Capital One Multi-Asset Execution Trust, Series 2021-3
Capital One Multi-Asset Execution
Trust, Series 2021-3
695,571.19
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 341271AD6 FLORIDA ST BRD ADMIN FIN CORP REV 400,000.00 USD 07/01/2025 MUNI Florida Hurricane Catastrophe Fund Finance Corporation
Florida Hurricane Catastrophe Fund
Finance Corporation
382,578.04
City of Escondido 341271AD6 FLORIDA ST BRD ADMIN FIN CORP REV 155,000.00 USD 07/01/2025 MUNI Florida Hurricane Catastrophe Fund Finance Corporation
Florida Hurricane Catastrophe Fund
Finance Corporation
148,248.99
City of Escondido 341271AD6 FLORIDA ST BRD ADMIN FIN CORP REV 150,000.00 USD 07/01/2025 MUNI Florida Hurricane Catastrophe Fund Finance Corporation
Florida Hurricane Catastrophe Fund
Finance Corporation
143,466.77
City of Escondido 341271AD6 FLORIDA ST BRD ADMIN FIN CORP REV
705,000.00 USD 07/01/2025 MUNI Florida Hurricane Catastrophe Fund Finance Corporation
Florida Hurricane Catastrophe Fund
Finance Corporation
674,293.80
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 665859AW4 NORTHERN TRUST CORP 670,000.00 USD 05/10/2027 CORP Northern Trust Corporation Northern Trust Corporation 663,309.68 City of Escondido 665859AW4 NORTHERN TRUST CORP 670,000.00 USD 05/10/2027 CORP Northern Trust Corporation Northern Trust Corporation 663,309.68 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 04636NAA1 ASTRAZENECA FINANCE LLC 700,000.00 USD 05/28/2026 CORP AstraZeneca Finance LLC AstraZeneca PLC 649,553.33 City of Escondido 04636NAA1 ASTRAZENECA FINANCE LLC 700,000.00 USD 05/28/2026 CORP AstraZeneca Finance LLC AstraZeneca PLC 649,553.33 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 20030NCR0 COMCAST CORP 635,000.00 USD 04/15/2024 CORP Comcast Corporation Comcast Corporation 645,258.78 City of Escondido 20030NCR0 COMCAST CORP 635,000.00 USD 04/15/2024 CORP Comcast Corporation Comcast Corporation 645,258.78 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 977123X60 WISCONSIN (STATE OF) 640,000.00 USD 07/01/2024 MUNI State of Wisconsin State of Wisconsin 633,654.61 City of Escondido 977123X60 WISCONSIN (STATE OF) 640,000.00 USD 07/01/2024 MUNI State of Wisconsin State of Wisconsin 633,654.61 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 438516CE4 HONEYWELL INTERNATIONAL INC 700,000.00 USD 03/01/2027 CORP Honeywell International Inc. Honeywell International Inc. 633,510.89 City of Escondido 438516CE4 HONEYWELL INTERNATIONAL INC 700,000.00 USD 03/01/2027 CORP Honeywell International Inc. Honeywell International Inc. 633,510.89 Exposure - Issuer Concentration City of Escondido (299155) As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 32 Attachment "4"
94 Item6.

UnitedHealth Group Incorporated
The PNC Financial Services Group, Inc.

Bristol-Myers Squibb Company
Hyundai Auto Receivables Trust 2022-A
Toyota Motor Corporation
Ventura County Community College District
PayPal Holdings, Inc.

State of California
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 91324PEG3 UNITEDHEALTH GROUP INC 200,000.00 USD 05/15/2027 CORP UnitedHealth Group Incorporated UnitedHealth Group Incorporated 196,662.44 City of Escondido 91324PEG3 UNITEDHEALTH GROUP INC 440,000.00 USD 05/15/2027 CORP UnitedHealth Group Incorporated UnitedHealth Group Incorporated 432,657.38 City of Escondido 91324PEG3 UNITEDHEALTH GROUP INC 640,000.00 USD 05/15/2027 CORP UnitedHealth Group Incorporated UnitedHealth Group Incorporated 629,319.82 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 693475AY1 PNC FINANCIAL SERVICES GROUP INC 600,000.00 USD 11/01/2024 CORP The PNC Financial Services Group, Inc. The PNC Financial Services Group, Inc. 593,402.67 City of Escondido 693475AY1 PNC FINANCIAL SERVICES GROUP INC 600,000.00 USD 11/01/2024 CORP The PNC Financial Services Group, Inc. The PNC Financial Services Group, Inc. 593,402.67 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 110122DN5 BRISTOL-MYERS SQUIBB CO 353,000.00 USD 11/13/2025 CORP Bristol-Myers Squibb Company Bristol-Myers Squibb Company 330,931.62 City of Escondido 110122DN5 BRISTOL-MYERS SQUIBB CO 250,000.00 USD 11/13/2025 CORP Bristol-Myers Squibb Company Bristol-Myers Squibb Company 234,370.83 City of Escondido 110122DN5 BRISTOL-MYERS SQUIBB CO 603,000.00 USD 11/13/2025 CORP Bristol-Myers Squibb Company Bristol-Myers Squibb Company 565,302.45 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 448977AD0 HART 2022-A A3 576,664.12 USD 10/15/2026 ABS Hyundai Auto Receivables Trust 2022-A Hyundai Auto Receivables Trust 2022-A 564,766.05 City of Escondido 448977AD0 HART 2022-A A3 576,664.12 USD 10/15/2026 ABS Hyundai Auto Receivables Trust 2022-A Hyundai Auto Receivables Trust 2022-A 564,766.05 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 89236TKC8 TOYOTA MOTOR CREDIT CORP 500,000.00 USD 06/30/2025 CORP Toyota Motor Credit Corporation Toyota Motor Corporation 497,817.64 City of Escondido 89236TKC8 TOYOTA MOTOR CREDIT CORP 500,000.00 USD 06/30/2025 CORP Toyota Motor Credit Corporation Toyota Motor Corporation 497,817.64 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 923040GU7 VENTURA CNTY CALIF CMNTY

COLLEGE DIST
490,000.00 USD 08/01/2024 MUNI Ventura County Community College District Ventura County Community College District 485,800.70 City of Escondido 923040GU7 VENTURA CNTY CALIF CMNTY

COLLEGE DIST
490,000.00 USD 08/01/2024 MUNI Ventura County Community College District
Ventura County Community College
District
485,800.70
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 70450YAG8 PAYPAL HOLDINGS INC 500,000.00 USD 06/01/2025 CORP PayPal Holdings, Inc. PayPal Holdings, Inc. 482,519.17 City of Escondido 70450YAG8 PAYPAL HOLDINGS INC 500,000.00 USD 06/01/2025 CORP PayPal Holdings, Inc. PayPal Holdings, Inc. 482,519.17 Exposure - Issuer Concentration City of Escondido (299155) As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 33 Attachment "4"
95 Item6.

Palomar California Community College District
Chevron Corporation
San Juan Unified School District
Los Angeles Community College District
San Ramon Valley Unified School District
State of Maryland
University of California
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 797412DM2 SAN DIEGO CNTY CALIF WTR AUTH

WTR REV
480,000.00 USD 05/01/2025 MUNI San Diego County Water Authority State of California 459,342.99 City of Escondido 797412DM2 SAN DIEGO CNTY CALIF WTR AUTH

WTR REV
480,000.00 USD 05/01/2025 MUNI San Diego County Water Authority State of California 459,342.99 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 697511FB4 PALOMAR CALIF CMNTY COLLEGE DIST
440,000.00 USD 08/01/2024 MUNI Palomar California Community College District
Palomar California Community College
District
434,090.46
City of Escondido 697511FB4 PALOMAR CALIF CMNTY COLLEGE DIST
440,000.00 USD 08/01/2024 MUNI Palomar California Community College District
Palomar California Community College
District
434,090.46
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 166764BW9 CHEVRON CORP 425,000.00 USD 05/11/2025 CORP Chevron Corporation Chevron Corporation 411,305.22 City of Escondido 166764BW9 CHEVRON CORP 425,000.00 USD 05/11/2025 CORP Chevron Corporation Chevron Corporation 411,305.22 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 798306WN2 SAN JUAN CALIF UNI SCH DIST 415,000.00 USD 08/01/2024 MUNI San Juan Unified School District San Juan Unified School District 408,945.57 City of Escondido 798306WN2 SAN JUAN CALIF UNI SCH DIST 415,000.00 USD 08/01/2024 MUNI San Juan Unified School District San Juan Unified School District 408,945.57 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 54438CYK2 LOS ANGELES CALIF CMNTY COLLEGE DIST
410,000.00 USD 08/01/2025 MUNI Los Angeles Community College District Los Angeles Community College District 388,735.51 City of Escondido 54438CYK2 LOS ANGELES CALIF CMNTY

COLLEGE DIST
410,000.00 USD 08/01/2025 MUNI Los Angeles Community College District
Los Angeles Community College
District
388,735.51
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 799408Z85 SAN RAMON VALLEY CALIF UNI SCH DIST
405,000.00 USD 08/01/2025 MUNI San Ramon Valley Unified School District San Ramon Valley Unified School District 383,803.20 City of Escondido 799408Z85 SAN RAMON VALLEY CALIF UNI SCH DIST
405,000.00 USD 08/01/2025 MUNI San Ramon Valley Unified School District
San Ramon Valley Unified School
District
383,803.20
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 574193TQ1 MARYLAND ST 375,000.00 USD 08/01/2024 MUNI State of Maryland State of Maryland 369,341.88 City of Escondido 574193TQ1 MARYLAND ST 375,000.00 USD 08/01/2024 MUNI State of Maryland State of Maryland 369,341.88 Exposure - Issuer Concentration City of Escondido (299155) As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 34 Attachment "4"
96 Item6.

American Express Company
Bmw Vehicle Owner Trust 2022-A
County of Los Angeles, California
State Of Minnesota
San Diego Community College District
National Rural Utilities Cooperative Finance Corporation GM Financial Consumer Automobile Receivables Trust 2022-1 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 91412HGE7 UNIVERSITY CALIF REVS 375,000.00 USD 05/15/2025 MUNI University of California University of California 359,665.02 City of Escondido 91412HGE7 UNIVERSITY CALIF REVS 375,000.00 USD 05/15/2025 MUNI University of California University of California 359,665.02 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 025816CQ0 AMERICAN EXPRESS CO 350,000.00 USD 03/04/2025 CORP American Express Company American Express Company 340,725.88 City of Escondido 025816CQ0 AMERICAN EXPRESS CO 350,000.00 USD 03/04/2025 CORP American Express Company American Express Company 340,725.88 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 05602RAD3 BMWOT 2022-A A3 301,816.99 USD 08/25/2026 ABS Bmw Vehicle Owner Trust 2022-A Bmw Vehicle Owner Trust 2022-A 297,348.79 City of Escondido 05602RAD3 BMWOT 2022-A A3 301,816.99 USD 08/25/2026 ABS Bmw Vehicle Owner Trust 2022-A Bmw Vehicle Owner Trust 2022-A 297,348.79 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 544647FC9 LOS ANGELES CALIF UNI SCH DIST 310,000.00 USD 07/01/2026 MUNI Los Angeles Unified School District County of Los Angeles, California 288,494.27 City of Escondido 544647FC9 LOS ANGELES CALIF UNI SCH DIST 310,000.00 USD 07/01/2026 MUNI Los Angeles Unified School District County of Los Angeles, California 288,494.27 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 60412AVJ9 MINNESOTA ST 275,000.00 USD 08/01/2025 MUNI State Of Minnesota State Of Minnesota 260,462.13 City of Escondido 60412AVJ9 MINNESOTA ST 275,000.00 USD 08/01/2025 MUNI State Of Minnesota State Of Minnesota 260,462.13 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 797272QP9 SAN DIEGO CALIF CMNTY COLLEGE DIST
245,000.00 USD 08/01/2024 MUNI San Diego Community College District San Diego Community College District 243,151.80 City of Escondido 797272QP9 SAN DIEGO CALIF CMNTY COLLEGE DIST
245,000.00 USD 08/01/2024 MUNI San Diego Community College District San Diego Community College District 243,151.80 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 63743HFE7 NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP
220,000.00 USD 06/15/2025 CORP National Rural Utilities Cooperative Finance Corporation
National Rural Utilities Cooperative
Finance Corporation
217,548.47
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 380146AC4 GMCAR 2022-1 A3 195,687.37 USD 11/16/2026 ABS GM Financial Consumer Automobile Receivables Trust 2022-1
GM Financial Consumer Automobile
Receivables Trust 2022-1
190,965.75
Exposure - Issuer Concentration City of Escondido (299155) As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 35 Attachment "4"
97 Item6.

World Omni Auto Receivables Trust 2021-D
Kubota Credit Owner Trust 2021-2
Unilever PLC
Honda Auto Receivables 2021 - 4 Owner Trust
Ford Credit Auto Owner Trust 2022-A
State Of Mississippi
The Home Depot, Inc.

Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 380146AC4 GMCAR 2022-1 A3 195,687.37 USD 11/16/2026 ABS GM Financial Consumer Automobile Receivables Trust 2022-1
GM Financial Consumer Automobile
Receivables Trust 2022-1
190,965.75
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 98163KAC6 WOART 2021-D A3 194,918.34 USD 10/15/2026 ABS World Omni Auto Receivables Trust 2021- D
World Omni Auto Receivables Trust 2021-
D
189,827.35
City of Escondido 98163KAC6 WOART 2021-D A3 194,918.34 USD 10/15/2026 ABS World Omni Auto Receivables Trust 2021-D
World Omni Auto Receivables Trust
2021-D
189,827.35
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 50117XAE2 KCOT 212 A3 180,741.00 USD 11/17/2025 ABS Kubota Credit Owner Trust 2021-2 Kubota Credit Owner Trust 2021-2 176,781.27 City of Escondido 50117XAE2 KCOT 212 A3 180,741.00 USD 11/17/2025 ABS Kubota Credit Owner Trust 2021-2 Kubota Credit Owner Trust 2021-2 176,781.27 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 904764BN6 UNILEVER CAPITAL CORP 160,000.00 USD 08/12/2024 CORP Unilever Capital Corporation Unilever PLC 157,239.56 City of Escondido 904764BN6 UNILEVER CAPITAL CORP 160,000.00 USD 08/12/2024 CORP Unilever Capital Corporation Unilever PLC 157,239.56 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 43815GAC3 HAROT 2021-4 A3 154,854.30 USD 01/21/2026 ABS Honda Auto Receivables 2021 - 4 Owner Trust
Honda Auto Receivables 2021 - 4 Owner
Trust
151,110.74
City of Escondido 43815GAC3 HAROT 2021-4 A3 154,854.30 USD 01/21/2026 ABS Honda Auto Receivables 2021 - 4 Owner Trust
Honda Auto Receivables 2021 - 4 Owner
Trust
151,110.74
Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 345286AC2 FORDO 2022-A A3 152,272.68 USD 06/15/2026 ABS Ford Credit Auto Owner Trust 2022-A Ford Credit Auto Owner Trust 2022-A 148,696.50 City of Escondido 345286AC2 FORDO 2022-A A3 152,272.68 USD 06/15/2026 ABS Ford Credit Auto Owner Trust 2022-A Ford Credit Auto Owner Trust 2022-A 148,696.50 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 605581MZ7 MISSISSIPPI ST 120,000.00 USD 11/01/2024 MUNI State Of Mississippi State Of Mississippi 117,133.53 City of Escondido 605581MZ7 MISSISSIPPI ST 120,000.00 USD 11/01/2024 MUNI State Of Mississippi State Of Mississippi 117,133.53 Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido 437076CM2 HOME DEPOT INC 105,000.00 USD 04/15/2025 CORP The Home Depot, Inc. The Home Depot, Inc. 103,677.00 City of Escondido 437076CM2 HOME DEPOT INC 105,000.00 USD 04/15/2025 CORP The Home Depot, Inc. The Home Depot, Inc. 103,677.00 Exposure - Issuer Concentration City of Escondido (299155) As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 36 Attachment "4"
98 Item6.

Summary

* Grouped by: Issuer Concentration. * Groups Sorted by: Ending Market Value + Accrued. * Weighted by: Ending Market Value + Accrued.

Account Identifier Description Ending Current Units Currency Final Maturity
Security Type Issuer Issuer Concentration Ending Market Value + Accrued
City of Escondido --- --- 164,481,501.46 USD 03/18/2026 --- --- --- 158,622,599.47 Exposure - Issuer Concentration City of Escondido (299155) As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 37 Attachment "4"
99 Item6.

Net of Fees (includes management and trading).

Returns are actual and have not been annualized.

No Tax Adjustment.

Note that data will not exist prior to the performance inception date of: 04/01/2022.

Period Period Begin Period End Total Return, Net of Fees Income Return, Net of Fees Price Return, Net of Fees Prior Month 02/01/2024 02/29/2024 -0.327% 0.213% -0.540% Prior Quarter 09/30/2023 12/29/2023 2.437% 0.595% 1.842% Prior Year 12/31/2022 12/29/2023 4.775% 2.157% 2.619%
Trailing Month 02/29/2024 03/28/2024 0.391% 0.215% 0.176% Trailing Quarter 12/29/2023 03/28/2024 0.535% 0.646% -0.111% Trailing Year 03/29/2023 03/28/2024 3.801% 2.379% 1.422% Account Index Index Start Date Index End Date
City of Escondido ICE BofA 1-5 Year US Corporate & Government Index 08/02/2002 --- Summary City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 38 Attachment "4"
100
Item6.

Compliance Summary

City of Escondido - City Escondido Compliance
Compliant
Compliant Account Policy Name Total Rules Compliant Rules Violating Rules Compliant City of Escondido City Escondido Compliance 60 60 0 Status Account Policy Name Category Name Rule Name Days In Violation
Actual Value Actual Value
without
Resolutions
Limit Value Notes Resolutions
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments U.S. Treasury Obligations & Agency Securities
0 72.998 72.998 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Municipal Securities
0 4.529 4.529 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Supranational 0 1.453 1.453 100.000 N N Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Negotiable Certificates of Deposit
0 --- --- 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Banker's Acceptances
0 --- --- 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Commercial Paper 0 --- --- 100.000 N N Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Repurchase Agreements
0 --- --- 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Local Agency Investment Fund
0 --- --- 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investment Local Government Investment Pools
0 63.222 63.222 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Bank Deposits 0 7.267 7.267 100.000 N N Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Placement Service Deposits
0 --- --- 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Medium-Term Notes
0 --- --- 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Asset-Backed Securities
0 1.964 1.964 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Allowable Investments Money Market Funds
0 2.229 2.229 100.000 N N
Compliant City of Escondido City Escondido Compliance Allowable Investment Repurchase Agreements 102% Collateralized
0 --- --- 100.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Municipal Securities
0 4.529 4.529 40.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Supranational 0 1.453 1.453 30.000 N N Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Negotiable Certificates of Deposit
0 --- --- 30.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Banker's Acceptances
0 --- --- 30.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Commercial Paper
0 --- --- 25.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Local Agency Investment Fund
0 --- --- 75.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Placement Service Deposits
0 --- --- 30.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Medium Term Notes
0 --- --- 30.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Asset-Backed Securities
0 1.964 1.964 20.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Callable Agency Securities
0 19.698 19.698 30.000 N N
Status City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 39 Attachment "4"
101
Item6.

Status Account Policy Name Category Name Rule Name Days In Violation
Actual Value Actual Value
without
Resolutions
Limit Value Notes Resolutions
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Money Market Funds
0 2.229 2.229 20.000 N N
Compliant City of Escondido City Escondido Compliance Concentration Maximum Concentration for Time Certificate of Deposits
0 --- --- 20.000 N N
Compliant City of Escondido City Escondido Compliance Credit Rating Minimum Credit Rating for Municipal Securities - A/A2
0 --- --- 0 N N
Compliant City of Escondido City Escondido Compliance Credit Rating Minimum Credit Rating for Supranational - AA/Aa2
0 --- --- 0 N N
Compliant City of Escondido City Escondido Compliance Credit Rating Minimum Credit Rating for Negotiable Certificates of Deposits - A/A2
0 --- --- 0 N N
Compliant City of Escondido City Escondido Compliance Credit Rating Minimum Credit Rating for Banker's Acceptance - A-1
0 --- --- 0 N N
Compliant City of Escondido City Escondido Compliance Credit Rating Minimum Credit Rating for Commercial Paper - A-1/P-1
0 --- --- 0 N N
Compliant City of Escondido City Escondido Compliance Credit Rating Minimum Credit Rating for Medium Term Notes - A
0 --- --- 0 N N
Compliant City of Escondido City Escondido Compliance Credit Rating Minimum Credit Rating for Asset-Backed Securities - AA
0 --- --- 0 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer Concentration for U.S.

Agency Securities
0 3.788 3.788 30.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer Concentration for Municipal Securities
0 0.572 0.572 5.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer Concentration for Supranational
0 1.453 1.453 30.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer Concentration for Negotiable Certificates of Deposit
0 --- --- 5.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer Concentration for Banker's Acceptances
0 --- --- 5.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer concentration for Commercial Paper
0 --- --- 5.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer Concentration for Placement Service Deposits
0 --- --- 30.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer Concentration for Medium Term Notes
0 --- --- 5.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer Concentration for Asset- Backed Securities
0 0.441 0.441 5.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer Concentration for Money Market Funds
0 2.229 2.229 20.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Maximum Issuer concentration for Outstanding Commercial Paper
0 --- --- 10.000 N N
Compliant City of Escondido City Escondido Compliance Issuer Concentration Short-Term Investment Shall be 25% of General Fund
0 --- --- 25.000 N N
Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for U.S. Treasury Obligations
0 --- --- 5.000 N N
Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for U.S. Agency Securities
0 4.997 4.997 5.000 N N
Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Municipal Securities 0 4.934 4.934 5.000 N N Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Supranational 0 4.063 4.063 5.000 N N Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Negotiable Certificates of Deposit
0 --- --- 5.000 N N
Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Banker's Acceptances
0 --- --- 186.000 N N
Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Commercial Paper 0 --- --- 270.000 N N Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Repurchase Agreements - 1 years
0 --- --- 1.000 N N
Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Bank Deposits - 5 Years
0 5.000 5.000 5.000 N N
Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Placement Service Deposits
0 --- --- 5.000 N N
Compliant City of Escondido City Escondido Compliance Maturity Maximum Maturity for Medium Term Notes 0 --- --- 5.000 N N Status City of Escondido (299155)
As of 03/28/2024 Return to Table of Contents Dated: 04/29/2024 40 Attachment "4"
102
Item6.

Policies: .

Rules: .
* Compliance Status as of previous business day.

Cash
CE
LT
General Ledger Grouping,
Account,
Identifier
Description,
Factorized Units,
Currency
Security Type,
BS Class,
State
State Tax,
Fed Tax,
Net Transfers
Beginning Book Value
less Due,
Acquired Book Value
less Due,
Transferred In Book
Value less Due
Disposed Book Value,
Transferred Out Book
Value less Due,
Impairment Loss
Ending Book Value
less Due,
Net Amortization/
Accretion,
Miscellaneous Income
Miscellaneous
Expense,
Beginning Due &
Accrued,
Acquired Due &
Accrued
Transferred In
Due & Accrued,
Disposed Due &
Accrued,
Transferred Out
Due & Accrued
Ending Due &
Accrued,
Interest/Dividend
Received,
Interest/Dividend
Income
Net Realized Gain/
Loss,
Net Gain/Loss,
Net Income
Cash
City of Escondido
CCYUSD
Cash

0.00 USD
CASH
Cash
---
Y
Y
15,000,000.00
-20,125.00

0.00 0.00

0.00 0.00
Cash
City of Escondido
CCYUSD
Cash

0.00 USD
CASH
Cash
---
Y
Y
15,000,000.00
-20,125.00

0.00 0.00

0.00 0.00
General Ledger Grouping,
Account,
Identifier
Description,
Factorized Units,
Currency
Security Type,
BS Class,
State
State Tax,
Fed Tax,
Net Transfers
Beginning Book Value
less Due,
Acquired Book Value
less Due,
Transferred In Book
Value less Due
Disposed Book Value,
Transferred Out Book
Value less Due,
Impairment Loss
Ending Book Value
less Due,
Net Amortization/
Accretion,
Miscellaneous Income
Miscellaneous
Expense,
Beginning Due &
Accrued,
Acquired Due &
Accrued
Transferred In
Due & Accrued,
Disposed Due &
Accrued,
Transferred Out
Due & Accrued
Ending Due &
Accrued,
Interest/Dividend
Received,
Interest/Dividend
Income
Net Realized Gain/
Loss,
Net Gain/Loss,
Net Income
CE
City of Escondido
X9USDBRD2

BLACKROCK FED TRST DOLR SHR FD
102
3,536,039.60
USD
MMFUND
CE
---
Y
Y

0.00 7,947,584.90
19,230,125.53

0.00 -23,641,670.83

0.00 0.00
3,536,039.60

0.00 0.00

0.00 101,415.18
101,415.18

0.00 0.00
101,415.18
CE
City of Escondido
X9USDBRD2

BLACKROCK FED TRST DOLR SHR FD
102
3,536,039.60
USD
MMFUND
CE
---
Y
Y

0.00 7,947,584.90
19,230,125.53

0.00 -23,641,670.83

0.00 0.00
3,536,039.60

0.00 0.00

0.00 101,415.18
101,415.18

0.00 0.00
101,415.18
General Ledger Grouping,
Account,
Identifier
Description,
Factorized Units,
Currency
Security Type,
BS Class,
State
State Tax,
Fed Tax,
Net Transfers
Beginning Book Value
less Due,
Acquired Book Value
less Due,
Transferred In Book
Value less Due
Disposed Book Value,
Transferred Out Book
Value less Due,
Impairment Loss
Ending Book Value
less Due,
Net Amortization/
Accretion,
Miscellaneous Income
Miscellaneous
Expense,
Beginning Due &
Accrued,
Acquired Due &
Accrued
Transferred In
Due & Accrued,
Disposed Due &
Accrued,
Transferred Out
Due & Accrued
Ending Due &
Accrued,
Interest/Dividend
Received,
Interest/Dividend
Income
Net Realized Gain/
Loss,
Net Gain/Loss,
Net Income
LT
City of Escondido
023135BR6
AMAZON.COM INC
500,000.00
USD
CORP
LT
WA
Y
Y

0.00 443,398.08

0.00 0.00

0.00 447,170.05
3,771.98

0.00 0.00
450.00

0.00 0.00

0.00 0.00
1,933.33

0.00 1,483.33

0.00 0.00
5,255.31
LT
City of Escondido
023135CP9
AMAZON.COM INC
1,000,000.00
USD
CORP
LT
WA
Y
Y

0.00 0.00
1,004,000.00

0.00 0.00

0.00 0.00
1,003,957.00
-43.00

0.00 0.00

0.00 12,259.72

0.00 0.00

0.00 14,913.89

0.00 2,654.17

0.00 0.00
2,611.17
LT
City of Escondido
025816CQ0

AMERICAN EXPRESS CO

0.00 USD
CORP
LT
NY
Y
Y

0.00 349,860.64

0.00 0.00

0.00 -349,881.45

0.00 0.00

20.81 0.00

0.00 2,537.50

0.00 0.00

0.00 -3,937.50

0.00 0.00
1,400.00

0.00 0.00
1,420.81
LT
City of Escondido
02665WDZ1

AMERICAN HONDA FINANCE CORP
1,000,000.00
USD
CORP
LT
CA
Y
Y

0.00 991,783.65

0.00 0.00

0.00 992,520.98
737.33

0.00 0.00
4,008.33

0.00 0.00

0.00 0.00
722.22
6,500.00
3,213.89

0.00 0.00
3,951.22
LT
City of Escondido
037833BZ2

APPLE INC
1,000,000.00
USD
CORP
LT
CA
Y
Y

0.00 0.00
957,500.00

0.00 0.00

0.00 0.00
960,299.35
2,799.35

0.00 0.00

0.00 11,637.50

0.00 0.00

0.00 3,743.06
12,250.00
4,355.56

0.00 0.00
7,154.90
LT
City of Escondido
04636NAA1

ASTRAZENECA FINANCE LLC
700,000.00
USD
CORP
LT
DE
Y
Y

0.00 700,367.02

0.00 0.00

0.00 700,328.69
-38.33

0.00 0.00
746.67

0.00 0.00

0.00 0.00
2,823.33

0.00 2,076.67

0.00 0.00
2,038.33
LT
City of Escondido
05565EBK0

BMW US CAPITAL LLC
575,000.00
USD
CORP
LT
NJ
Y
Y

0.00 594,254.38

0.00 0.00

0.00 590,308.21
-3,946.17

0.00 0.00
5,045.63

0.00 0.00

0.00 0.00
10,589.58

0.00 5,543.96

0.00 0.00
1,597.79
LT
City of Escondido
05602RAD3
BMWOT 2022-A A3
301,816.99
USD
ABS
LT
DE
Y
Y

0.00 370,982.28

0.00 0.00
-69,171.97

0.00 0.00
301,812.18

1.87 0.00

0.00 165.40

0.00 0.00

0.00 0.00
107.65
2,788.07
2,730.32

0.00 0.00
2,732.19
LT
City of Escondido
06406RBC0

BANK OF NEW YORK MELLON CORP
1,000,000.00
USD
CORP
LT
NY
Y
Y

0.00 999,938.05

0.00 0.00

0.00 999,949.38

11.33 0.00

0.00 6,048.61

0.00 0.00

0.00 0.00
14,330.56

0.00 8,281.94

0.00 0.00
8,293.27
GAAP GL Income Detail City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 42 Attachment "4"
104
Item6.

General Ledger Grouping,
Account,
Identifier
Description,
Factorized Units,
Currency
Security Type,
BS Class,
State
State Tax,
Fed Tax,
Net Transfers
Beginning Book Value
less Due,
Acquired Book Value
less Due,
Transferred In Book
Value less Due
Disposed Book Value,
Transferred Out Book
Value less Due,
Impairment Loss
Ending Book Value
less Due,
Net Amortization/
Accretion,
Miscellaneous Income
Miscellaneous
Expense,
Beginning Due &
Accrued,
Acquired Due &
Accrued
Transferred In
Due & Accrued,
Disposed Due &
Accrued,
Transferred Out
Due & Accrued
Ending Due &
Accrued,
Interest/Dividend
Received,
Interest/Dividend
Income
Net Realized Gain/
Loss,
Net Gain/Loss,
Net Income
LT
City of Escondido
110122DN5

BRISTOL-MYERS SQUIBB CO
353,000.00
USD
CORP
LT
NJ
Y
Y

0.00 351,490.46

0.00 0.00

0.00 351,688.39
197.94

0.00 0.00
345.65

0.00 0.00

0.00 0.00
1,000.17

0.00 654.52

0.00 0.00
852.46
LT
City of Escondido
110122DN5

BRISTOL-MYERS SQUIBB CO
250,000.00
USD
CORP
LT
NJ
Y
Y

0.00 249,078.07

0.00 0.00

0.00 249,198.98
120.92

0.00 0.00
244.79

0.00 0.00

0.00 0.00
708.33

0.00 463.54

0.00 0.00
584.46
LT
City of Escondido
14913R2U0

CATERPILLAR FINANCIAL SERVICES
CORP
800,000.00
USD
CORP
LT
TN
Y
Y

0.00 796,683.25

0.00 0.00

0.00 796,947.76
264.51

0.00 0.00
6,497.78

0.00 0.00

0.00 0.00
3,060.00
6,800.00
3,362.22

0.00 0.00
3,626.74
LT
City of Escondido
14913R3B1

CATERPILLAR FINANCIAL SERVICES
CORP
500,000.00
USD
CORP
LT
TN
Y
Y

0.00 499,523.00

0.00 0.00

0.00 499,579.87

56.87 0.00

0.00 11,600.00

0.00 0.00

0.00 0.00
5,533.33
12,000.00
5,933.33

0.00 0.00
5,990.20
LT
City of Escondido
166764BW9

CHEVRON CORP
425,000.00
USD
CORP
LT
CA
Y
Y

0.00 425,558.80

0.00 0.00

0.00 425,452.13
-106.66

0.00 0.00
898.95

0.00 0.00

0.00 0.00
2,531.72

0.00 1,632.78

0.00 0.00
1,526.12
LT
City of Escondido
17290ADP2

CITIGROUP INC
1,000,000.00
USD
CORP
LT
NY
Y
Y

0.00 1,000,000.00

0.00 0.00

0.00 1,000,000.00

0.00 0.00

0.00 10,402.78

0.00 0.00

0.00 0.00
23,629.17

0.00 13,226.39

0.00 0.00
13,226.39
LT
City of Escondido
172967MX6

CITIGROUP INC
255,000.00
USD
CORP
LT
NY
Y
Y

0.00 255,000.00

0.00 0.00

0.00 255,000.00

0.00 0.00

0.00 409.98

0.00 0.00

0.00 0.00
1,028.41

0.00 618.44

0.00 0.00
618.44
LT
City of Escondido
172967MX6

CITIGROUP INC
270,000.00
USD
CORP
LT
NY
Y
Y

0.00 270,091.47

0.00 0.00

0.00 270,024.54
-66.93

0.00 0.00
434.09

0.00 0.00

0.00 0.00
1,088.91

0.00 654.82

0.00 0.00
587.89
LT
City of Escondido
17327CAN3

CITIGROUP INC
245,000.00
USD
CORP
LT
NY
Y
Y

0.00 245,000.00

0.00 0.00

0.00 245,000.00

0.00 0.00

0.00 2,124.49

0.00 0.00

0.00 0.00
877.21
2,467.15
1,219.87

0.00 0.00
1,219.87
LT
City of Escondido
191216CU2

COCA-COLA CO
1,500,000.00
USD
CORP
LT
GA
Y
Y

0.00 1,350,139.54

0.00 0.00

0.00 1,360,169.25
10,029.71

0.00 0.00
1,752.08

0.00 0.00

0.00 0.00
7,129.17

0.00 5,377.08

0.00 0.00
15,406.79
LT
City of Escondido
20772KEW5

CONNECTICUT ST
630,000.00
USD
MUNI
LT
CT
N
Y

0.00 660,975.02

0.00 0.00

0.00 656,530.60
-4,444.42

0.00 0.00
6,877.76

0.00 0.00

0.00 0.00
917.03
11,790.45
5,829.72

0.00 0.00
1,385.30
LT
City of Escondido
24422EWA3

JOHN DEERE CAPITAL CORP
800,000.00
USD
CORP
LT
WI
Y
Y

0.00 797,221.78

0.00 0.00

0.00 797,442.69
220.91

0.00 0.00
6,384.44

0.00 0.00

0.00 0.00
2,946.67
6,800.00
3,362.22

0.00 0.00
3,583.13
LT
City of Escondido
24422EWF2

JOHN DEERE CAPITAL CORP
500,000.00
USD
CORP
LT
WI
Y
Y

0.00 488,214.39

0.00 0.00

0.00 490,181.60
1,967.21

0.00 0.00
1,133.33

0.00 0.00

0.00 0.00
5,336.11

0.00 4,202.78

0.00 0.00
6,169.99
LT
City of Escondido
254683CS2
DCENT 2022-2 A
715,000.00
USD
ABS
LT
---
Y
Y

0.00 714,971.16

0.00 0.00

0.00 714,975.96

4.80 0.00

0.00 989.08

0.00 0.00

0.00 0.00
923.14
5,934.51
5,868.57

0.00 0.00
5,873.37
LT
City of Escondido
3130AJKW8

FEDERAL HOME LOAN BANKS
1,000,000.00
USD

AGCY BOND
LT
DC
N
Y

0.00 937,266.24

0.00 0.00

0.00 947,608.36
10,342.12

0.00 0.00
236.11

0.00 0.00

0.00 0.00
1,472.22

0.00 1,236.11

0.00 0.00
11,578.23
LT
City of Escondido
3130AWLY4

FEDERAL HOME LOAN BANKS
2,000,000.00
USD

AGCY BOND
LT
DC
N
Y

0.00 2,001,521.96

0.00 0.00

0.00 2,001,271.10
-250.86

0.00 0.00
4,840.28

0.00 0.00

0.00 0.00
30,180.56

0.00 25,340.28

0.00 0.00
25,089.42
LT
City of Escondido
3130AYNN2

FEDERAL HOME LOAN BANKS
2,000,000.00
USD

AGCY BOND
LT
DC
N
Y

0.00 0.00
2,000,000.00

0.00 0.00

0.00 0.00
2,000,000.00

0.00 0.00

0.00 0.00
14,588.89

0.00 14,588.89

0.00 0.00
14,588.89
LT
City of Escondido
3133EMAC6

FEDERAL FARM CREDIT BANKS FUNDING
CORP
1,000,000.00
USD

AGCY BOND
LT
NJ
N
Y

0.00 890,186.74

0.00 0.00

0.00 896,957.93
6,771.19

0.00 0.00
2,062.50

0.00 0.00

0.00 0.00
166.67
3,750.00
1,854.17

0.00 0.00
8,625.36
LT
City of Escondido
3134GWYS9

FEDERAL HOME LOAN MORTGAGE CORP
1,000,000.00
USD

AGCY BOND
LT
VA
Y
Y

0.00 937,518.67

0.00 0.00

0.00 945,791.63
8,272.96

0.00 0.00
1,250.00

0.00 0.00

0.00 0.00
2,733.33

0.00 1,483.33

0.00 0.00
9,756.29
LT
City of Escondido
3134GYE40

FEDERAL HOME LOAN MORTGAGE CORP
1,180,000.00
USD

AGCY BOND
LT
VA
Y
Y

0.00 1,175,047.00

0.00 0.00

0.00 1,175,610.00
563.00

0.00 0.00
25,996.06

0.00 0.00

0.00 0.00
10,634.75
30,385.00
15,023.69

0.00 0.00
15,586.70
GAAP GL Income Detail City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 43 Attachment "4"
105
Item6.

FEDERAL NATIONAL MORTGAGE

ASSOCIATION
2,000,000.00
USD

AGCY BOND
LT
DC
Y
Y

0.00 1,997,635.52

0.00 0.00

0.00 1,997,985.23
349.71

0.00 0.00
2,604.17

0.00 0.00

0.00 0.00
708.33
3,750.00
1,854.17

0.00 0.00
2,203.88
LT
City of Escondido
3135G06G3

FEDERAL NATIONAL MORTGAGE

ASSOCIATION
360,000.00
USD

AGCY BOND
LT
DC
Y
Y

0.00 359,517.84

0.00 0.00

0.00 359,581.83

63.99 0.00

0.00 265.00

0.00 0.00

0.00 0.00
710.00

0.00 445.00

0.00 0.00
508.99
LT
City of Escondido
3135G06G3

FEDERAL NATIONAL MORTGAGE

ASSOCIATION
1,125,000.00
USD

AGCY BOND
LT
DC
Y
Y

0.00 1,124,178.01

0.00 0.00

0.00 1,124,287.13
109.12

0.00 0.00
828.13

0.00 0.00

0.00 0.00
2,218.75

0.00 1,390.63

0.00 0.00
1,499.75
LT
City of Escondido
3137EAEP0

FEDERAL HOME LOAN MORTGAGE CORP

0.00 USD

AGCY BOND
LT
VA
Y
Y

0.00 795,264.12

0.00 0.00

0.00 -794,692.41

0.00 0.00
-571.71

0.00 0.00
4,542.50

0.00 0.00

0.00 -32.92

0.00 5,925.00
1,415.42

0.00 0.00
843.71
LT
City of Escondido
3137EAEX3

FEDERAL HOME LOAN MORTGAGE CORP
1,150,000.00
USD

AGCY BOND
LT
VA
Y
Y

0.00 1,148,795.11

0.00 0.00

0.00 1,148,966.49
171.38

0.00 0.00
1,161.98

0.00 0.00

71.88 2,156.25
1,066.15

0.00 0.00
1,237.52
LT
City of Escondido
341271AD6

FLORIDA ST BRD ADMIN FIN CORP REV
400,000.00
USD
MUNI
LT
FL
N
Y

0.00 400,000.00

0.00 0.00

0.00 400,000.00

0.00 0.00

0.00 2,502.02

0.00 0.00

0.00 0.00
1,230.04
2,516.00
1,244.02

0.00 0.00
1,244.02
LT
City of Escondido
341271AD6

FLORIDA ST BRD ADMIN FIN CORP REV
155,000.00
USD
MUNI
LT
FL
N
Y

0.00 155,348.08

0.00 0.00

0.00 155,291.24
-56.83

0.00 0.00
969.53

0.00 0.00

0.00 0.00
476.64
974.95
482.06

0.00 0.00
425.22
LT
City of Escondido
341271AD6

FLORIDA ST BRD ADMIN FIN CORP REV
150,000.00
USD
MUNI
LT
FL
N
Y

0.00 150,315.93

0.00 0.00

0.00 150,264.34
-51.58

0.00 0.00
938.26

0.00 0.00

0.00 0.00
461.27
943.50
466.51

0.00 0.00
414.93
LT
City of Escondido
345286AC2
FORDO 2022-A A3
152,272.68
USD
ABS
LT
DE
Y
Y

0.00 190,196.44

0.00 0.00
-37,930.60

0.00 0.00
152,268.03

2.19 0.00

0.00 102.23

0.00 0.00

76.39 572.90
547.06

0.00 0.00
549.24
LT
City of Escondido
369550BG2

GENERAL DYNAMICS CORP
700,000.00
USD
CORP
LT
VA
Y
Y

0.00 722,094.54

0.00 0.00

0.00 717,597.85
-4,496.69

0.00 0.00
3,062.50

0.00 0.00

0.00 0.00
9,119.44

0.00 6,056.94

0.00 0.00
1,560.26
LT
City of Escondido
380146AC4
GMCAR 2022-1 A3
195,687.37
USD
ABS
LT
DE
Y
Y

0.00 237,670.08

0.00 0.00
-41,989.16

0.00 0.00
195,682.79

1.87 0.00

0.00 116.46

0.00 0.00

89.04 704.35
676.93

0.00 0.00
678.80
LT
City of Escondido
38141GXS8

GOLDMAN SACHS GROUP INC
650,000.00
USD
CORP
LT
NY
Y
Y

0.00 650,408.66

0.00 0.00

0.00 650,319.18
-89.48

0.00 0.00
2,130.38

0.00 0.00

0.00 0.00
725.56
2,778.75
1,373.94

0.00 0.00
1,284.46
LT
City of Escondido
38150AS97

GOLDMAN SACHS GROUP INC
1,000,000.00
USD
CORP
LT
NY
Y
Y

0.00 1,000,000.00

0.00 0.00

0.00 1,000,000.00

0.00 0.00

0.00 13,138.89

0.00 0.00

0.00 0.00
26,736.11

0.00 13,597.22

0.00 0.00
13,597.22
LT
City of Escondido
437076CM2

HOME DEPOT INC
105,000.00
USD
CORP
LT
GA
Y
Y

0.00 104,921.47

0.00 0.00

0.00 104,936.18

14.71 0.00

0.00 590.63

0.00 0.00

0.00 0.00
1,291.50

0.00 700.88

0.00 0.00
715.58
LT
City of Escondido
43815GAC3
HAROT 2021-4 A3
154,854.30
USD
ABS
LT
CA
Y
Y

0.00 198,506.05

0.00 0.00
-43,663.08

0.00 0.00
154,846.79

3.83 0.00

0.00 43.67

0.00 0.00

30.28 404.21
390.82

0.00 0.00
394.64
LT
City of Escondido
438516CE4

HONEYWELL INTERNATIONAL INC
700,000.00
USD
CORP
LT
NC
Y
Y

0.00 678,892.46

0.00 0.00

0.00 680,482.40
1,589.95

0.00 0.00
2,545.28

0.00 0.00

0.00 0.00
598.89
3,850.00
1,903.61

0.00 0.00
3,493.56
LT
City of Escondido
448977AD0
HART 2022-A A3
576,664.12
USD
ABS
LT
DE
Y
Y

0.00 699,178.03

0.00 0.00
-122,522.63

0.00 0.00
576,657.89

2.48 0.00

0.00 646.75

0.00 0.00

0.00 0.00
497.85
3,649.85
3,500.96

0.00 0.00
3,503.44
LT
City of Escondido
4581X0DK1

INTER-AMERICAN DEVELOPMENT BANK

0.00 USD

SUPRANATIONA
L
LT
DC
Y
Y

0.00 847,798.17

0.00 0.00

0.00 -845,618.12

0.00 0.00
-2,180.05

0.00 0.00
4,302.57

0.00 0.00

0.00 -7,306.25

0.00 0.00
3,003.68

0.00 0.00
823.63
LT
City of Escondido
459200KM2

INTERNATIONAL BUSINESS MACHINES
CORP
1,000,000.00
USD
CORP
LT
NY
Y
Y

0.00 992,099.00

0.00 0.00

0.00 992,702.35
603.35

0.00 0.00
8,616.67

0.00 0.00

0.00 0.00
3,055.56
11,000.00
5,438.89

0.00 0.00
6,042.24
GAAP GL Income Detail City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 44 Attachment "4"
106
Item6.

JPMORGAN CHASE & CO
750,000.00
USD
CORP
LT
NY
Y
Y

0.00 757,459.93

0.00 0.00

0.00 755,939.56
-1,520.37

0.00 0.00
4,469.48

0.00 0.00

0.00 0.00
668.33
7,518.75
3,717.60

0.00 0.00
2,197.24
LT
City of Escondido
46647PCH7

JPMORGAN CHASE & CO
585,000.00
USD
CORP
LT
NY
Y
Y

0.00 585,000.00

0.00 0.00

0.00 585,000.00

0.00 0.00

0.00 388.31

0.00 0.00

0.00 0.00
1,580.02

0.00 1,191.71

0.00 0.00
1,191.71
LT
City of Escondido
50117XAE2
KCOT 212 A3
180,741.00
USD
ABS
LT
---
Y
Y

0.00 239,462.75

0.00 0.00
-58,723.61

0.00 0.00
180,739.89

0.75 0.00

0.00 55.88

0.00 0.00

39.36 307.36
290.85

0.00 0.00
291.60
LT
City of Escondido
54438CYK2

LOS ANGELES CALIF CMNTY COLLEGE
DIST
410,000.00
USD
MUNI
LT
CA
N
Y

0.00 410,000.00

0.00 0.00

0.00 410,000.00

0.00 0.00

0.00 1,311.74

0.00 0.00

0.00 0.00
510.61
1,584.65
783.52

0.00 0.00
783.52
LT
City of Escondido
544647FC9

LOS ANGELES CALIF UNI SCH DIST
310,000.00
USD
MUNI
LT
CA
N
Y

0.00 310,000.00

0.00 0.00

0.00 310,000.00

0.00 0.00

0.00 2,242.72

0.00 0.00

0.00 0.00
1,102.57
2,255.25
1,115.10

0.00 0.00
1,115.10
LT
City of Escondido
60412AVJ9

MINNESOTA ST
275,000.00
USD
MUNI
LT
MN
Y
Y

0.00 275,000.00

0.00 0.00

0.00 275,000.00

0.00 0.00

0.00 717.06

0.00 0.00

0.00 0.00
279.13
866.25
428.31

0.00 0.00
428.31
LT
City of Escondido
61747YEM3

MORGAN STANLEY
310,000.00
USD
CORP
LT
NY
Y
Y

0.00 310,000.00

0.00 0.00

0.00 310,000.00

0.00 0.00

0.00 2,989.43

0.00 0.00

0.00 0.00
928.54
4,076.50
2,015.60

0.00 0.00
2,015.60
LT
City of Escondido
63743HFE7

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP
220,000.00
USD
CORP
LT
VA
Y
Y

0.00 219,975.69

0.00 0.00

0.00 219,979.72

4.02 0.00

0.00 316.25

0.00 0.00

0.00 0.00
2,192.67

0.00 1,876.42

0.00 0.00
1,880.44
LT
City of Escondido
650036DT0

NEW YORK ST URBAN DEV CORP REV

0.00 USD
MUNI
LT
NY
N
Y

0.00 945,000.00

0.00 0.00

0.00 -945,000.00

0.00 0.00

0.00 2,397.94

0.00 0.00

0.00 -4,110.75

0.00 0.00
1,712.81

0.00 0.00
1,712.81
LT
City of Escondido
665859AW4

NORTHERN TRUST CORP
670,000.00
USD
CORP
LT
IL
Y
Y

0.00 674,457.61

0.00 0.00

0.00 674,141.56
-316.05

0.00 0.00
3,722.22

0.00 0.00

0.00 0.00
10,347.78

0.00 6,625.56

0.00 0.00
6,309.51
LT
City of Escondido
70450YAG8

PAYPAL HOLDINGS INC
500,000.00
USD
CORP
LT
CA
Y
Y

0.00 474,348.66

0.00 0.00

0.00 478,662.97
4,314.32

0.00 0.00
664.58

0.00 0.00

0.00 0.00
2,704.17

0.00 2,039.58

0.00 0.00
6,353.90
LT
City of Escondido
771196BT8

ROCHE HOLDINGS INC

0.00 USD
CORP
LT
CA
Y
Y

0.00 1,295,000.00

0.00 0.00

0.00 -1,295,000.00

0.00 0.00

0.00 8,436.21

0.00 0.00

0.00 -13,804.70

0.00 0.00
5,368.49

0.00 0.00
5,368.49
LT
City of Escondido
797412DM2

SAN DIEGO CNTY CALIF WTR AUTH WTR
REV
480,000.00
USD
MUNI
LT
CA
N
Y

0.00 480,000.00

0.00 0.00

0.00 480,000.00

0.00 0.00

0.00 584.49

0.00 0.00

0.00 0.00
1,466.19

0.00 881.69

0.00 0.00
881.69
LT
City of Escondido
799408Z85

SAN RAMON VALLEY CALIF UNI SCH DIST
405,000.00
USD
MUNI
LT
CA
N
Y

0.00 405,000.00

0.00 0.00

0.00 405,000.00

0.00 0.00

0.00 1,240.42

0.00 0.00

0.00 0.00
482.85
1,498.50
740.92

0.00 0.00
740.92
LT
City of Escondido
87612EBM7

TARGET CORP
180,000.00
USD
CORP
LT
MN
Y
Y

0.00 179,810.75

0.00 0.00

0.00 179,825.70

14.95 0.00

0.00 1,608.75

0.00 0.00

0.00 0.00
721.50
1,755.00
867.75

0.00 0.00
882.70
LT
City of Escondido
87612EBM7

TARGET CORP
650,000.00
USD
CORP
LT
MN
Y
Y

0.00 650,882.30

0.00 0.00

0.00 650,810.85
-71.46

0.00 0.00
5,809.38

0.00 0.00

0.00 0.00
2,605.42
6,337.50
3,133.54

0.00 0.00
3,062.09
LT
City of Escondido
89236TKC8

TOYOTA MOTOR CREDIT CORP
500,000.00
USD
CORP
LT
TX
Y
Y

0.00 490,958.68

0.00 0.00

0.00 492,402.85
1,444.17

0.00 0.00
9,875.00

0.00 0.00

0.00 0.00
4,882.64
9,875.00
4,882.64

0.00 0.00
6,326.81
LT
City of Escondido
9128282A7

UNITED STATES TREASURY
1,900,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,827,693.17

0.00 0.00

0.00 1,834,220.43
6,527.25

0.00 0.00
10,610.05

0.00 0.00

0.00 0.00
3,366.76
14,250.00
7,006.70

0.00 0.00
13,533.96
LT
City of Escondido
9128283V0

UNITED STATES TREASURY

0.00 USD
US GOV
LT
DC
N
Y

0.00 283,376.34

0.00 0.00

0.00 -283,100.27

0.00 0.00
-276.07

0.00 0.00
2,891.30

0.00 0.00

0.00 -19.23

0.00 3,500.00
627.93

0.00 0.00
351.86
LT
City of Escondido
9128286A3

UNITED STATES TREASURY
2,045,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,978,105.03

0.00 0.00

0.00 1,985,763.82
7,658.79

0.00 0.00
22,172.69

0.00 0.00

0.00 0.00
8,553.61
26,840.63
13,221.55

0.00 0.00
20,880.34
GAAP GL Income Detail City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 45 Attachment "4"
107
Item6.

UNITED STATES TREASURY
1,160,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,136,210.78

0.00 0.00

0.00 1,138,003.22
1,792.43

0.00 0.00
9,716.58

0.00 0.00

0.00 0.00
3,083.24
13,050.00
6,416.67

0.00 0.00
8,209.10
LT
City of Escondido
912828XZ8

UNITED STATES TREASURY
1,500,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,453,958.47

0.00 0.00

0.00 1,461,350.97
7,392.51

0.00 0.00
20,512.91

0.00 0.00

0.00 0.00
10,085.85
20,625.00
10,197.94

0.00 0.00
17,590.45
LT
City of Escondido
912828Y95

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,911,098.01

0.00 0.00

0.00 1,919,217.73
8,119.72

0.00 0.00
15,489.13

0.00 0.00

0.00 0.00
5,975.27
18,750.00
9,236.14

0.00 0.00
17,355.86
LT
City of Escondido
912828ZL7

UNITED STATES TREASURY
3,375,000.00
USD
US GOV
LT
DC
N
Y

0.00 3,342,200.58

0.00 0.00

0.00 3,348,212.00
6,011.42

0.00 0.00
2,086.20

0.00 0.00

0.00 0.00
5,215.49

0.00 3,129.29

0.00 0.00
9,140.71
LT
City of Escondido
912828ZT0

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,979,889.17

0.00 0.00

0.00 1,983,358.85
3,469.68

0.00 0.00
409.84

0.00 0.00

0.00 0.00
1,639.34

0.00 1,229.51

0.00 0.00
4,699.18
LT
City of Escondido
912828ZV5

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 2,612,363.25

0.00 0.00

0.00 2,637,917.02
25,553.77

0.00 0.00
7,459.24

0.00 0.00

0.00 0.00
3,667.58
7,500.00
3,708.34

0.00 0.00
29,262.12
LT
City of Escondido
91282CAB7

UNITED STATES TREASURY
2,380,000.00
USD
US GOV
LT
DC
N
Y

0.00 2,363,581.47

0.00 0.00

0.00 2,366,118.77
2,537.31

0.00 0.00
2,457.61

0.00 0.00

0.00 0.00
948.08
2,975.00
1,465.47

0.00 0.00
4,002.78
LT
City of Escondido
91282CAD3

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,786,755.13

0.00 0.00

0.00 1,800,569.35
13,814.22

0.00 0.00
3,097.83

0.00 0.00

0.00 0.00
1,195.05
3,750.00
1,847.23

0.00 0.00
15,661.45
LT
City of Escondido
91282CAM3

UNITED STATES TREASURY
620,000.00
USD
US GOV
LT
DC
N
Y

0.00 615,927.49

0.00 0.00

0.00 616,496.23
568.74

0.00 0.00
385.38

0.00 0.00

0.00 0.00
766.53

0.00 381.15

0.00 0.00
949.89
LT
City of Escondido
91282CAY7

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,744,060.14

0.00 0.00

0.00 1,758,956.69
14,896.55

0.00 0.00
1,024.59

0.00 0.00

0.00 0.00
4,098.36

0.00 3,073.77

0.00 0.00
17,970.32
LT
City of Escondido
91282CBC4

UNITED STATES TREASURY
1,200,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,198,943.97

0.00 0.00

0.00 1,199,073.92
129.95

0.00 0.00
2,237.77

0.00 0.00

0.00 0.00
1,100.27
2,250.00
1,112.50

0.00 0.00
1,242.45
LT
City of Escondido
91282CBH3

UNITED STATES TREASURY
645,000.00
USD
US GOV
LT
DC
N
Y

0.00 640,769.02

0.00 0.00

0.00 641,265.34
496.32

0.00 0.00
999.05

0.00 0.00

0.00 0.00
385.41
1,209.38
595.73

0.00 0.00
1,092.05
LT
City of Escondido
91282CBH3

UNITED STATES TREASURY
1,280,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,268,684.65

0.00 0.00

0.00 1,270,010.72
1,326.07

0.00 0.00
1,982.61

0.00 0.00

0.00 0.00
764.84
2,400.00
1,182.23

0.00 0.00
2,508.30
LT
City of Escondido
91282CBH3

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 993,546.90

0.00 0.00

0.00 994,303.92
757.02

0.00 0.00
1,548.91

0.00 0.00

0.00 0.00
597.53
1,875.00
923.62

0.00 0.00
1,680.63
LT
City of Escondido
91282CBH3

UNITED STATES TREASURY
800,000.00
USD
US GOV
LT
DC
N
Y

0.00 792,457.49

0.00 0.00

0.00 793,341.19
883.70

0.00 0.00
1,239.13

0.00 0.00

0.00 0.00
478.02
1,500.00
738.89

0.00 0.00
1,622.59
LT
City of Escondido
91282CBH3

UNITED STATES TREASURY
1,600,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,575,419.39

0.00 0.00

0.00 1,578,292.03
2,872.64

0.00 0.00
2,478.26

0.00 0.00

0.00 0.00
956.04
3,000.00
1,477.78

0.00 0.00
4,350.43
LT
City of Escondido
91282CBJ9

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 861,755.44

0.00 0.00

0.00 869,432.28
7,676.84

0.00 0.00
3,097.83

0.00 0.00

0.00 0.00
1,195.05
3,750.00
1,847.23

0.00 0.00
9,524.07
LT
City of Escondido
91282CBQ3

UNITED STATES TREASURY
400,000.00
USD
US GOV
LT
DC
N
Y

0.00 396,597.23

0.00 0.00

0.00 396,980.59
383.36

0.00 0.00
664.84

0.00 0.00

0.00 0.00
157.61
1,000.00
492.77

0.00 0.00
876.13
LT
City of Escondido
91282CBQ3

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 2,961,172.95

0.00 0.00

0.00 2,965,538.20
4,365.24

0.00 0.00
4,986.26

0.00 0.00

0.00 0.00
1,182.07
7,500.00
3,695.80

0.00 0.00
8,061.04
LT
City of Escondido
91282CBT7

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,995,891.68

0.00 0.00

0.00 1,996,336.23
444.55

0.00 0.00
3,729.51

0.00 0.00

0.00 0.00
7,418.03

0.00 3,688.52

0.00 0.00
4,133.07
LT
City of Escondido
91282CCF6

UNITED STATES TREASURY
1,680,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,678,208.10

0.00 0.00

0.00 1,678,388.84
180.74

0.00 0.00
1,032.79

0.00 0.00

0.00 0.00
4,131.15

0.00 3,098.36

0.00 0.00
3,279.10
GAAP GL Income Detail City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 46 Attachment "4"
108
Item6.

UNITED STATES TREASURY
2,400,000.00
USD
US GOV
LT
DC
N
Y

0.00 2,331,911.52

0.00 0.00

0.00 2,338,697.12
6,785.60

0.00 0.00
1,475.41

0.00 0.00

0.00 0.00
5,901.64

0.00 4,426.23

0.00 0.00
11,211.83
LT
City of Escondido
91282CCJ8

UNITED STATES TREASURY
2,050,000.00
USD
US GOV
LT
DC
N
Y

0.00 2,060,683.35

0.00 0.00

0.00 2,059,635.05
-1,048.30

0.00 0.00
8,920.01

0.00 0.00

0.00 0.00
4,385.82
8,968.75
4,434.56

0.00 0.00
3,386.26
LT
City of Escondido
91282CCJ8

UNITED STATES TREASURY
360,000.00
USD
US GOV
LT
DC
N
Y

0.00 344,725.16

0.00 0.00

0.00 346,194.60
1,469.44

0.00 0.00
1,566.44

0.00 0.00

0.00 0.00
770.19
1,575.00
778.75

0.00 0.00
2,248.20
LT
City of Escondido
91282CDG3

UNITED STATES TREASURY
500,000.00
USD
US GOV
LT
DC
N
Y

0.00 498,666.33

0.00 0.00

0.00 498,780.22
113.89

0.00 0.00
927.20

0.00 0.00

0.00 0.00
2,317.99

0.00 1,390.80

0.00 0.00
1,504.69
LT
City of Escondido
91282CDG3

UNITED STATES TREASURY
5,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 4,990,992.07

0.00 0.00

0.00 4,991,761.64
769.57

0.00 0.00
9,271.98

0.00 0.00

0.00 0.00
23,179.95

0.00 13,907.97

0.00 0.00
14,677.54
LT
City of Escondido
91282CDG3

UNITED STATES TREASURY
400,000.00
USD
US GOV
LT
DC
N
Y

0.00 391,332.92

0.00 0.00

0.00 392,066.30
733.38

0.00 0.00
741.76

0.00 0.00

0.00 0.00
1,854.40

0.00 1,112.64

0.00 0.00
1,846.02
LT
City of Escondido
91282CDG3

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 932,630.22

0.00 0.00

0.00 938,201.36
5,571.15

0.00 0.00
1,854.40

0.00 0.00

0.00 0.00
4,635.99

0.00 2,781.59

0.00 0.00
8,352.74
LT
City of Escondido
91282CDZ1

UNITED STATES TREASURY

0.00 USD
US GOV
LT
DC
N
Y

0.00 1,156,474.72

0.00 0.00

0.00 -1,158,577.35

0.00 0.00
2,102.63

0.00 0.00
6,561.48

0.00 0.00

0.00 -48.42

0.00 8,812.50
2,299.44

0.00 0.00
4,402.07
LT
City of Escondido
91282CEN7

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,896,186.52

0.00 0.00

0.00 1,903,361.99
7,175.47

0.00 0.00
9,065.93

0.00 0.00

0.00 0.00
22,664.84

0.00 13,598.90

0.00 0.00
20,774.37
LT
City of Escondido
91282CEU1

UNITED STATES TREASURY
2,045,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,997,304.41

0.00 0.00

0.00 2,005,162.83
7,858.42

0.00 0.00
2,409.58

0.00 0.00

0.00 0.00
16,867.06

0.00 14,457.48

0.00 0.00
22,315.90
LT
City of Escondido
91282CFB2

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 947,926.15

0.00 0.00

0.00 951,257.62
3,331.47

0.00 0.00
11,358.70

0.00 0.00

0.00 0.00
4,381.87
13,750.00
6,773.17

0.00 0.00
10,104.65
LT
City of Escondido
91282CFB2

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 0.00
955,546.88

0.00 0.00

0.00 0.00
957,636.73
2,089.85

0.00 0.00

0.00 13,301.63

0.00 0.00

0.00 4,381.87
13,750.00
4,830.24

0.00 0.00
6,920.09
LT
City of Escondido
91282CFH9

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 958,258.93

0.00 0.00

0.00 960,850.36
2,591.42

0.00 0.00
10,388.05

0.00 0.00

0.00 0.00
2,462.64
15,625.00
7,699.59

0.00 0.00
10,291.01
LT
City of Escondido
91282CFU0

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,993,286.35

0.00 0.00

0.00 1,993,686.98
400.63

0.00 0.00
13,598.90

0.00 0.00

0.00 0.00
33,997.25

0.00 20,398.35

0.00 0.00
20,798.98
LT
City of Escondido
91282CFU0

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 0.00
997,100.00

0.00 0.00

0.00 0.00
997,162.22

62.22 0.00

0.00 0.00
14,505.49

0.00 0.00

0.00 16,998.63

0.00 2,493.14

0.00 0.00
2,555.36
LT
City of Escondido
91282CGC9

UNITED STATES TREASURY
4,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 0.00
3,960,000.00

0.00 0.00

0.00 0.00
3,960,621.64
621.64

0.00 0.00

0.00 28,530.22

0.00 0.00

0.00 37,898.35

0.00 9,368.13

0.00 0.00
9,989.77
LT
City of Escondido
91282CGP0

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 982,079.67

0.00 0.00

0.00 983,083.15
1,003.49

0.00 0.00
13,296.70

0.00 0.00

0.00 0.00
3,152.17
20,000.00
9,855.47

0.00 0.00
10,858.96
LT
City of Escondido
91282CGP0

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 0.00
1,995,440.00

0.00 0.00

0.00 0.00
1,995,684.54
244.54

0.00 0.00

0.00 32,087.91

0.00 0.00

0.00 6,304.35
40,000.00
14,216.44

0.00 0.00
14,460.98
LT
City of Escondido
91282CGT2

UNITED STATES TREASURY
5,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 0.00
4,906,250.00

0.00 0.00

0.00 0.00
4,907,630.22
1,380.22

0.00 0.00

0.00 78,739.75

0.00 0.00

0.00 89,634.56

0.00 10,894.81

0.00 0.00
12,275.03
LT
City of Escondido
91282CHA2

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 0.00
975,050.00

0.00 0.00

0.00 0.00
975,399.20
349.20

0.00 0.00

0.00 12,307.69

0.00 0.00

0.00 14,423.08

0.00 2,115.39

0.00 0.00
2,464.59
LT
City of Escondido
91282CHE4

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 0.00
1,959,520.00

0.00 0.00

0.00 0.00
1,960,075.03
555.03

0.00 0.00

0.00 19,412.57

0.00 0.00

0.00 23,770.49

0.00 4,357.92

0.00 0.00
4,912.95
GAAP GL Income Detail City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 47 Attachment "4"
109
Item6.

ST
General Ledger Grouping,
Account,
Identifier
Description,
Factorized Units,
Currency
Security Type,
BS Class,
State
State Tax,
Fed Tax,
Net Transfers
Beginning Book Value
less Due,
Acquired Book Value
less Due,
Transferred In Book
Value less Due
Disposed Book Value,
Transferred Out Book
Value less Due,
Impairment Loss
Ending Book Value
less Due,
Net Amortization/
Accretion,
Miscellaneous Income
Miscellaneous
Expense,
Beginning Due &
Accrued,
Acquired Due &
Accrued
Transferred In
Due & Accrued,
Disposed Due &
Accrued,
Transferred Out
Due & Accrued
Ending Due &
Accrued,
Interest/Dividend
Received,
Interest/Dividend
Income
Net Realized Gain/
Loss,
Net Gain/Loss,
Net Income
LT
City of Escondido
91282CHH7

UNITED STATES TREASURY
1,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 987,014.97

0.00 0.00

0.00 988,253.04
1,238.06

0.00 0.00
1,690.57

0.00 0.00

0.00 0.00
11,834.02

0.00 10,143.44

0.00 0.00
11,381.51
LT
City of Escondido
91282CHK0

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 1,964,035.84

0.00 0.00

0.00 1,965,842.98
1,807.14

0.00 0.00
39,782.61

0.00 0.00

0.00 0.00
19,560.44
40,000.00
19,777.83

0.00 0.00
21,584.97
LT
City of Escondido
91282CHK0

UNITED STATES TREASURY
3,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 0.00
2,992,680.00

0.00 0.00

0.00 0.00
2,992,977.44
297.44

0.00 0.00

0.00 7,912.09

0.00 0.00

0.00 29,340.66

0.00 21,428.57

0.00 0.00
21,726.01
LT
City of Escondido
91282CHU8

UNITED STATES TREASURY
2,000,000.00
USD
US GOV
LT
DC
N
Y

0.00 0.00
2,010,000.00

0.00 0.00

0.00 0.00
2,009,379.52
-620.48

0.00 0.00

0.00 38,519.02

0.00 0.00

0.00 10,336.54
43,750.00
15,567.52

0.00 0.00
14,947.04
LT
City of Escondido
91324PEG3

UNITEDHEALTH GROUP INC
200,000.00
USD
CORP
LT
MN
Y
Y

0.00 199,924.11

0.00 0.00

0.00 199,929.36

5.24 0.00

0.00 925.00

0.00 0.00

0.00 0.00
2,754.44

0.00 1,829.44

0.00 0.00
1,834.69
LT
City of Escondido
91324PEG3

UNITEDHEALTH GROUP INC
440,000.00
USD
CORP
LT
MN
Y
Y

0.00 442,504.40

0.00 0.00

0.00 442,326.82
-177.58

0.00 0.00
2,035.00

0.00 0.00

0.00 0.00
6,059.78

0.00 4,024.78

0.00 0.00
3,847.20
LT
City of Escondido
91412HGE7

UNIVERSITY CALIF REVS
375,000.00
USD
MUNI
LT
CA
N
Y

0.00 375,000.00

0.00 0.00

0.00 375,000.00

0.00 0.00

0.00 413.91

0.00 0.00

0.00 0.00
1,232.52

0.00 818.61

0.00 0.00
818.61
LT
City of Escondido
98163KAC6
WOART 2021-D A3
194,918.34
USD
ABS
LT
DE
Y
Y

0.00 243,671.52

0.00 0.00
-48,762.53

0.00 0.00
194,912.04

3.05 0.00

0.00 82.24

0.00 0.00

61.40 460.22
439.38

0.00 0.00
442.42
LT
City of Escondido
---
---
124,049,954.80
USD
---
LT
---
---
Y

0.00 102,744,522.51
24,713,086.88

0.00 -422,763.58
-5,671,869.60

0.00 121,563,867.80
200,891.59

0.00 0.00
458,095.91
269,213.59

0.00 0.00
-29,259.77
712,382.82
519,182.18
533,515.27

0.00 0.00
734,406.86
General Ledger Grouping,
Account,
Identifier
Description,
Factorized Units,
Currency
Security Type,
BS Class,
State
State Tax,
Fed Tax,
Net Transfers
Beginning Book Value
less Due,
Acquired Book Value
less Due,
Transferred In Book
Value less Due
Disposed Book Value,
Transferred Out Book
Value less Due,
Impairment Loss
Ending Book Value
less Due,
Net Amortization/
Accretion,
Miscellaneous Income
Miscellaneous
Expense,
Beginning Due &
Accrued,
Acquired Due &
Accrued
Transferred In
Due & Accrued,
Disposed Due &
Accrued,
Transferred Out
Due & Accrued
Ending Due &
Accrued,
Interest/Dividend
Received,
Interest/Dividend
Income
Net Realized Gain/
Loss,
Net Gain/Loss,
Net Income
ST
City of Escondido
025816CQ0

AMERICAN EXPRESS CO
350,000.00
USD
CORP
ST
NY
Y
Y

0.00 0.00

0.00 349,881.45

0.00 0.00

0.00 349,889.46

8.01 0.00

0.00 0.00

0.00 3,937.50

0.00 0.00
546.88
3,937.50
546.88

0.00 0.00
554.88
ST
City of Escondido
05565EBU8

BMW US CAPITAL LLC
215,000.00
USD
CORP
ST
NJ
Y
Y

0.00 214,996.08

0.00 0.00

0.00 214,997.63

1.55 0.00

0.00 618.13

0.00 0.00

0.00 0.00
210.52
806.25
398.65

0.00 0.00
400.20
ST
City of Escondido
06051GFB0

BANK OF AMERICA CORP

0.00 USD
CORP
ST
NC
Y
Y

0.00 1,395,828.73

0.00 0.00
-1,395,000.00

0.00 0.00

0.00 -828.73

0.00 0.00
25,255.31

0.00 0.00

0.00 28,771.88
3,516.57

0.00 0.00
2,687.84
ST
City of Escondido
14041NFY2
COMET 2021-3 A
715,000.00
USD
ABS
ST
---
Y
Y

0.00 714,738.78

0.00 0.00

0.00 714,812.23

73.46 0.00

0.00 309.83

0.00 0.00

0.00 0.00
289.18
1,859.01
1,838.35

0.00 0.00
1,911.81
ST
City of Escondido
20030NCR0

COMCAST CORP
635,000.00
USD
CORP
ST
PA
Y
Y

0.00 638,316.11

0.00 0.00

0.00 635,000.00
-3,316.11

0.00 0.00
4,894.79

0.00 0.00

0.00 0.00
10,703.28

0.00 5,808.49

0.00 0.00
2,492.38
ST
City of Escondido
20772KJW0

CONNECTICUT ST
150,000.00
USD
MUNI
ST
CT
N
Y

0.00 150,000.00

0.00 0.00

0.00 150,000.00

0.00 0.00

0.00 1,490.17

0.00 0.00

0.00 0.00
732.60
1,498.50
740.92

0.00 0.00
740.92
ST
City of Escondido
254687FK7

WALT DISNEY CO
845,000.00
USD
CORP
ST
CA
Y
Y

0.00 844,571.82

0.00 0.00

0.00 844,728.34
156.52

0.00 0.00
4,929.17

0.00 0.00

0.00 0.00
1,273.37
7,393.75
3,737.95

0.00 0.00
3,894.47
ST
City of Escondido
3130ATKJ5

FEDERAL HOME LOAN BANKS

0.00 USD

AGCY BOND
ST
DC
N
Y

0.00 1,299,577.10

0.00 0.00
-1,300,000.00

0.00 0.00

0.00 422.90

0.00 0.00
17,694.44

0.00 0.00

0.00 28,437.50
10,743.06

0.00 0.00
11,165.96
ST
City of Escondido
3130AV7F3

FEDERAL HOME LOAN BANKS
1,000,000.00
USD

AGCY BOND
ST
DC
N
Y

0.00 999,421.15

0.00 0.00

0.00 999,733.11
311.95

0.00 0.00
2,333.33

0.00 0.00

0.00 0.00
15,312.50

0.00 12,979.17

0.00 0.00
13,291.12
GAAP GL Income Detail City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 48 Attachment "4"
110
Item6.

0.00 USD
FNMA
ST
DC
Y
Y

0.00 150,671.70

0.00 0.00
-150,463.89

0.00 0.00

0.00 -207.81

0.00 0.00
405.56

0.00 0.00

0.00 875.88
470.32

0.00 0.00
262.51
ST
City of Escondido
3137BGK24
FHMS K-043 A2
652,047.91
USD
FHLMC
ST
VA
Y
Y

0.00 661,026.33

0.00 0.00
-3,384.71

0.00 0.00
655,805.30
-1,836.32

0.00 0.00
1,616.70

0.00 0.00

0.00 0.00
1,552.89
5,009.04
4,945.23

0.00 0.00
3,108.91
ST
City of Escondido
3137EAEP0

FEDERAL HOME LOAN MORTGAGE CORP
790,000.00
USD

AGCY BOND
ST
VA
Y
Y

0.00 0.00

0.00 794,692.41

0.00 0.00

0.00 794,112.02
-580.39

0.00 0.00

32.92 0.00

0.00 1,547.08

0.00 1,514.17

0.00 0.00
933.77
ST
City of Escondido
3137FBTA4
FHMS K-728 A2
738,459.15
USD

FHLMC CMO
ST
VA
Y
Y

0.00 741,546.52

0.00 0.00
-3,865.44

0.00 0.00
737,381.37
-299.71

0.00 0.00
1,832.22

0.00 0.00

0.00 0.00
1,759.83
5,676.77
5,604.38

0.00 0.00
5,304.67
ST
City of Escondido
4581X0DK1

INTER-AMERICAN DEVELOPMENT BANK
835,000.00
USD

SUPRANATIONA
L
ST
DC
Y
Y

0.00 0.00

0.00 845,618.12

0.00 0.00

0.00 845,185.83
-432.29

0.00 0.00

0.00 0.00
7,306.25

0.00 0.00
608.85
7,306.25
608.85

0.00 0.00
176.56
ST
City of Escondido
4581X0DZ8

INTER-AMERICAN DEVELOPMENT BANK
1,530,000.00
USD

SUPRANATIONA
L
ST
DC
Y
Y

0.00 1,529,722.93

0.00 0.00

0.00 1,529,816.46

93.52 0.00

0.00 2,061.25

0.00 0.00

0.00 0.00
127.50
3,825.00
1,891.25

0.00 0.00
1,984.77
ST
City of Escondido
574193TQ1

MARYLAND ST
375,000.00
USD
MUNI
ST
MD
N
Y

0.00 374,984.47

0.00 0.00

0.00 374,990.95

6.48 0.00

0.00 791.56

0.00 0.00

0.00 0.00
308.13
956.25
472.81

0.00 0.00
479.29
ST
City of Escondido
605581MZ7

MISSISSIPPI ST
120,000.00
USD
MUNI
ST
MS
N
Y

0.00 120,000.00

0.00 0.00

0.00 120,000.00

0.00 0.00

0.00 111.12

0.00 0.00

0.00 0.00
278.73

0.00 167.62

0.00 0.00
167.62
ST
City of Escondido
61746BDQ6

MORGAN STANLEY
745,000.00
USD
CORP
ST
NY
Y
Y

0.00 748,083.75

0.00 0.00

0.00 745,790.05
-2,293.70

0.00 0.00
4,891.65

0.00 0.00

0.00 0.00
12,028.65

0.00 7,137.00

0.00 0.00
4,843.29
ST
City of Escondido
650036DT0

NEW YORK ST URBAN DEV CORP REV
945,000.00
USD
MUNI
ST
NY
N
Y

0.00 0.00

0.00 945,000.00

0.00 0.00

0.00 945,000.00

0.00 0.00

0.00 4,110.75

0.00 0.00
319.73
4,110.75
319.73

0.00 0.00
319.73
ST
City of Escondido
693475AY1

PNC FINANCIAL SERVICES GROUP INC
600,000.00
USD
CORP
ST
PA
Y
Y

0.00 599,966.05

0.00 0.00

0.00 599,976.00

9.95 0.00

0.00 2,163.33

0.00 0.00

0.00 0.00
5,426.67

0.00 3,263.33

0.00 0.00
3,273.29
ST
City of Escondido
697511FB4

PALOMAR CALIF CMNTY COLLEGE DIST
440,000.00
USD
MUNI
ST
CA
N
Y

0.00 440,000.00

0.00 0.00

0.00 440,000.00

0.00 0.00

0.00 1,445.96

0.00 0.00

0.00 0.00
562.86
1,746.80
863.70

0.00 0.00
863.70
ST
City of Escondido
771196BT8

ROCHE HOLDINGS INC
1,295,000.00
USD
CORP
ST
CA
Y
Y

0.00 0.00

0.00 1,295,000.00

0.00 0.00

0.00 1,295,000.00

0.00 0.00

0.00 13,804.70

0.00 0.00
1,457.16
13,804.70
1,457.16

0.00 0.00
1,457.16
ST
City of Escondido
797272QP9

SAN DIEGO CALIF CMNTY COLLEGE DIST
245,000.00
USD
MUNI
ST
CA
N
Y

0.00 245,000.00

0.00 0.00

0.00 245,000.00

0.00 0.00

0.00 2,074.70

0.00 0.00

0.00 0.00
807.60
2,506.35
1,239.25

0.00 0.00
1,239.25
ST
City of Escondido
798306WN2

SAN JUAN CALIF UNI SCH DIST
415,000.00
USD
MUNI
ST
CA
N
Y

0.00 415,000.00

0.00 0.00

0.00 415,000.00

0.00 0.00

0.00 1,205.78

0.00 0.00

0.00 0.00
469.37
1,456.65
720.23

0.00 0.00
720.23
ST
City of Escondido
808513AY1

CHARLES SCHWAB CORP

0.00 USD
CORP
ST
TX
Y
Y

0.00 815,034.78

0.00 0.00
-815,000.00

0.00 0.00

0.00 -34.78

0.00 0.00
11,974.84

0.00 0.00

0.00 14,466.25
2,491.41

0.00 0.00
2,456.63
ST
City of Escondido
904764BN6

UNILEVER CAPITAL CORP
160,000.00
USD
CORP
ST
NJ
Y
Y

0.00 160,000.00

0.00 0.00

0.00 160,000.00

0.00 0.00

0.00 383.95

0.00 0.00

0.00 0.00
130.76
500.80
247.62

0.00 0.00
247.62
ST
City of Escondido
91159HHX1

US BANCORP
845,000.00
USD
CORP
ST
MN
Y
Y

0.00 844,914.38

0.00 0.00

0.00 844,950.39

36.01 0.00

0.00 8,450.00

0.00 0.00

0.00 0.00
3,323.67
10,140.00
5,013.67

0.00 0.00
5,049.68
ST
City of Escondido
9128282Y5

UNITED STATES TREASURY
795,000.00
USD
US GOV
ST
DC
N
Y

0.00 797,582.01

0.00 0.00

0.00 796,741.71
-840.30

0.00 0.00
4,200.36

0.00 0.00

0.00 0.00
8,354.56

0.00 4,154.20

0.00 0.00
3,313.90
ST
City of Escondido
9128283J7

UNITED STATES TREASURY
1,480,000.00
USD
US GOV
ST
DC
N
Y

0.00 1,486,100.23

0.00 0.00

0.00 1,484,473.64
-1,626.59

0.00 0.00
2,577.87

0.00 0.00

0.00 0.00
10,311.48

0.00 7,733.61

0.00 0.00
6,107.02
GAAP GL Income Detail City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 49 Attachment "4"
111
Item6.

Summary
General Ledger Grouping,
Account,
Identifier
Description,
Factorized Units,
Currency
Security Type,
BS Class,
State
State Tax,
Fed Tax,
Net Transfers
Beginning Book Value
less Due,
Acquired Book Value
less Due,
Transferred In Book
Value less Due
Disposed Book Value,
Transferred Out Book
Value less Due,
Impairment Loss
Ending Book Value
less Due,
Net Amortization/
Accretion,
Miscellaneous Income
Miscellaneous
Expense,
Beginning Due &
Accrued,
Acquired Due &
Accrued
Transferred In
Due & Accrued,
Disposed Due &
Accrued,
Transferred Out
Due & Accrued
Ending Due &
Accrued,
Interest/Dividend
Received,
Interest/Dividend
Income
Net Realized Gain/
Loss,
Net Gain/Loss,
Net Income
ST
City of Escondido
9128283V0

UNITED STATES TREASURY
280,000.00
USD
US GOV
ST
DC
N
Y

0.00 0.00

0.00 283,100.27

0.00 0.00

0.00 282,615.13
-485.14

0.00 0.00

19.23 0.00

0.00 1,115.38

0.00 1,096.15

0.00 0.00
611.01
ST
City of Escondido
912828D56

UNITED STATES TREASURY
575,000.00
USD
US GOV
ST
DC
N
Y

0.00 577,687.28

0.00 0.00

0.00 576,637.47
-1,049.81

0.00 0.00
5,083.98

0.00 0.00

0.00 0.00
1,613.24
6,828.13
3,357.38

0.00 0.00
2,307.58
ST
City of Escondido
912828V80

UNITED STATES TREASURY

0.00 USD
US GOV
ST
DC
N
Y

0.00 599,979.06

0.00 0.00
-600,000.00

0.00 0.00

0.00 20.94

0.00 0.00
5,576.09

0.00 0.00

0.00 6,750.00
1,173.91

0.00 0.00
1,194.85
ST
City of Escondido
912828W48

UNITED STATES TREASURY

0.00 USD
US GOV
ST
DC
N
Y

0.00 94,970.46

0.00 0.00
-95,000.00

0.00 0.00

0.00 29.54

0.00 0.00
671.07

0.00 0.00

0.00 1,009.38
338.31

0.00 0.00
367.86
ST
City of Escondido
912828W71

UNITED STATES TREASURY
2,650,000.00
USD
US GOV
ST
DC
N
Y

0.00 2,661,898.34

0.00 0.00

0.00 2,650,258.66
-11,639.68

0.00 0.00
14,001.20

0.00 0.00

0.00 0.00
27,848.53

0.00 13,847.34

0.00 0.00
2,207.66
ST
City of Escondido
912828W71

UNITED STATES TREASURY
1,420,000.00
USD
US GOV
ST
DC
N
Y

0.00 1,424,033.04

0.00 0.00

0.00 1,420,087.67
-3,945.36

0.00 0.00
7,502.53

0.00 0.00

0.00 0.00
14,922.61

0.00 7,420.08

0.00 0.00
3,474.72
ST
City of Escondido
912828XX3

UNITED STATES TREASURY
1,225,000.00
USD
US GOV
ST
DC
N
Y

0.00 1,226,347.02

0.00 0.00

0.00 1,225,684.62
-662.39

0.00 0.00
12,183.42

0.00 0.00

0.00 0.00
5,990.38
12,250.00
6,056.96

0.00 0.00
5,394.57
ST
City of Escondido
912828Y87

UNITED STATES TREASURY
740,000.00
USD
US GOV
ST
DC
N
Y

0.00 740,330.24

0.00 0.00

0.00 740,191.90
-138.34

0.00 0.00
5,348.91

0.00 0.00

0.00 0.00
2,063.46
6,475.00
3,189.55

0.00 0.00
3,051.21
ST
City of Escondido
912828YM6

UNITED STATES TREASURY
635,000.00
USD
US GOV
ST
DC
N
Y

0.00 641,462.41

0.00 0.00

0.00 639,550.79
-1,911.62

0.00 0.00
1,570.05

0.00 0.00

0.00 0.00
3,925.14

0.00 2,355.08

0.00 0.00
443.47
ST
City of Escondido
91282CBV2

UNITED STATES TREASURY
4,350,000.00
USD
US GOV
ST
DC
N
Y

0.00 4,346,289.42

0.00 0.00

0.00 4,349,410.47
3,121.05

0.00 0.00
3,387.30

0.00 0.00

0.00 0.00
7,398.57

0.00 4,011.27

0.00 0.00
7,132.32
ST
City of Escondido
91282CDH1

UNITED STATES TREASURY
5,000,000.00
USD
US GOV
ST
DC
N
Y

0.00 4,997,470.00

0.00 0.00

0.00 4,998,182.15
712.15

0.00 0.00
4,635.99

0.00 0.00

0.00 0.00
13,907.97

0.00 9,271.98

0.00 0.00
9,984.13
ST
City of Escondido
91282CDZ1

UNITED STATES TREASURY
1,175,000.00
USD
US GOV
ST
DC
N
Y

0.00 0.00

0.00 1,158,577.35

0.00 0.00

0.00 1,160,463.62
1,886.27

0.00 0.00

48.42 0.00

0.00 2,082.07

0.00 2,033.65

0.00 0.00
3,919.93
ST
City of Escondido
91282CER8

UNITED STATES TREASURY
800,000.00
USD
US GOV
ST
DC
N
Y

0.00 799,503.54

0.00 0.00

0.00 799,795.58
292.03

0.00 0.00
1,639.34

0.00 0.00

0.00 0.00
6,557.38

0.00 4,918.03

0.00 0.00
5,210.07
ST
City of Escondido
923040GU7

VENTURA CNTY CALIF CMNTY COLLEGE
DIST
490,000.00
USD
MUNI
ST
CA
N
Y

0.00 490,000.00

0.00 0.00

0.00 490,000.00

0.00 0.00

0.00 3,650.50

0.00 0.00

0.00 0.00
1,421.00
4,410.00
2,180.50

0.00 0.00
2,180.50
ST
City of Escondido
977123X60

WISCONSIN (STATE OF)
640,000.00
USD
MUNI
ST
WI
Y
Y

0.00 640,000.00

0.00 0.00

0.00 640,000.00

0.00 0.00

0.00 1,985.71

0.00 0.00

0.00 0.00
976.21
1,996.80
987.31

0.00 0.00
987.31
ST
City of Escondido
---
---
36,895,507.05
USD
---
ST
---
---
Y

0.00 35,627,053.72

0.00 5,671,869.60
-4,362,714.04

0.00 0.00
36,911,262.57
-24,946.71

0.00 0.00
170,948.12

0.00 29,259.77

0.00 0.00
168,265.77
184,805.19
152,863.07

0.00 0.00
127,916.36
General Ledger Grouping,
Account,
Identifier
Description,
Factorized Units,
Currency
Security Type,
BS Class,
State
State Tax,
Fed Tax,
Net Transfers
Beginning Book Value
less Due,
Acquired Book Value
less Due,
Transferred In Book
Value less Due
Disposed Book Value,
Transferred Out Book
Value less Due,
Impairment Loss
Ending Book Value
less Due,
Net Amortization/
Accretion,
Miscellaneous Income
Miscellaneous
Expense,
Beginning Due &
Accrued,
Acquired Due &
Accrued
Transferred In
Due & Accrued,
Disposed Due &
Accrued,
Transferred Out
Due & Accrued
Ending Due &
Accrued,
Interest/Dividend
Received,
Interest/Dividend
Income
Net Realized Gain/
Loss,
Net Gain/Loss,
Net Income
---
City of Escondido
---
---
164,481,501.46
USD
---
---
---
---
Y
15,000,000.00
146,299,036.13
43,943,212.41
5,671,869.60
-28,427,148.45
-5,671,869.60

0.00 162,011,169.97
175,944.87

0.00 0.00
629,044.03
269,213.59
29,259.77

0.00 -29,259.77
880,648.59
805,402.55
787,793.52

0.00 0.00
963,738.40
GAAP GL Income Detail City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 50 Attachment "4"
112
Item6.
* Grouped by: General Ledger Grouping. * Groups Sorted by: General Ledger Grouping.

GAAP GL Income Detail City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 51 Attachment "4"
113
Item6.
* Does not Lock Down.

Account Identifier Description Current Units Currency Transaction Type Entry Date Settle Date Final Maturity
Price Principal Commission Amount
City of Escondido 023135CP9 AMAZON.COM INC 1,000,000.00 USD Buy 03/06/2024 03/08/2024 12/01/2027 100.400 1,004,000.00 0.00 -1,016,259.72 City of Escondido 025816CQ0 AMERICAN EXPRESS CO 0.00 USD Coupon 03/04/2024 03/04/2024 03/04/2025 --- 0.00 0.00 3,937.50 City of Escondido 02665WDZ1 AMERICAN HONDA FINANCE CORP 0.00 USD Coupon 03/09/2024 03/09/2024 09/09/2026 --- 0.00 0.00 6,500.00 City of Escondido 037833BZ2 APPLE INC 1,000,000.00 USD Buy 01/23/2024 01/25/2024 08/04/2026 95.750 957,500.00 0.00 -969,137.50 City of Escondido 037833BZ2 APPLE INC 0.00 USD Coupon 02/04/2024 02/04/2024 08/04/2026 --- 0.00 0.00 12,250.00 City of Escondido 05565EBU8 BMW US CAPITAL LLC 0.00 USD Coupon 02/12/2024 02/12/2024 08/12/2024 --- 0.00 0.00 806.25 City of Escondido 05602RAD3 BMWOT 2022-A A3 0.00 USD Coupon 01/25/2024 01/25/2024 08/25/2026 --- 0.00 0.00 992.40 City of Escondido 05602RAD3 BMWOT 2022-A A3 -23,481.35 USD Principal Paydown 01/25/2024 01/25/2024 08/25/2026 --- -23,481.35 0.00 23,481.35 City of Escondido 05602RAD3 BMWOT 2022-A A3 0.00 USD Coupon 02/25/2024 02/25/2024 08/25/2026 --- 0.00 0.00 929.58 City of Escondido 05602RAD3 BMWOT 2022-A A3 -23,737.35 USD Principal Paydown 02/25/2024 02/25/2024 08/25/2026 --- -23,737.35 0.00 23,737.35 City of Escondido 05602RAD3 BMWOT 2022-A A3 0.00 USD Coupon 03/25/2024 03/25/2024 08/25/2026 --- 0.00 0.00 866.09 City of Escondido 05602RAD3 BMWOT 2022-A A3 -21,953.27 USD Principal Paydown 03/25/2024 03/25/2024 08/25/2026 --- -21,953.27 0.00 21,953.27 City of Escondido 06051GFB0 BANK OF AMERICA CORP 0.00 USD Coupon 01/22/2024 01/22/2024 01/22/2024 --- 0.00 0.00 28,771.88 City of Escondido 06051GFB0 BANK OF AMERICA CORP -1,395,000.00 USD Maturity 01/22/2024 01/22/2024 01/22/2024 100.000 -1,395,000.00 0.00 1,395,000.00 City of Escondido 14041NFY2 COMET 2021-3 A 0.00 USD Coupon 01/15/2024 01/15/2024 11/15/2024 --- 0.00 0.00 619.67 City of Escondido 14041NFY2 COMET 2021-3 A 0.00 USD Coupon 02/15/2024 02/15/2024 11/15/2024 --- 0.00 0.00 619.67 City of Escondido 14041NFY2 COMET 2021-3 A 0.00 USD Coupon 03/15/2024 03/15/2024 11/15/2024 --- 0.00 0.00 619.67 City of Escondido 14913R2U0 CATERPILLAR FINANCIAL

SERVICES CORP

0.00 USD Coupon 01/08/2024 01/08/2024 01/08/2027 --- 0.00 0.00 6,800.00 City of Escondido 14913R3B1 CATERPILLAR FINANCIAL

SERVICES CORP

0.00 USD Coupon 01/06/2024 01/06/2024 01/06/2026 --- 0.00 0.00 12,000.00 City of Escondido 17327CAN3 CITIGROUP INC 0.00 USD Coupon 01/25/2024 01/25/2024 01/25/2026 --- 0.00 0.00 2,467.15 City of Escondido 20772KEW5 CONNECTICUT ST 0.00 USD Coupon 03/15/2024 03/15/2024 09/15/2025 --- 0.00 0.00 11,790.45 City of Escondido 20772KJW0 CONNECTICUT ST 0.00 USD Coupon 01/01/2024 01/01/2024 07/01/2024 --- 0.00 0.00 1,498.50 City of Escondido 24422EWA3 JOHN DEERE CAPITAL CORP 0.00 USD Coupon 01/11/2024 01/11/2024 01/11/2027 --- 0.00 0.00 6,800.00 City of Escondido 254683CS2 DCENT 2022-2 A 0.00 USD Coupon 01/15/2024 01/15/2024 05/17/2027 --- 0.00 0.00 1,978.17 City of Escondido 254683CS2 DCENT 2022-2 A 0.00 USD Coupon 02/15/2024 02/15/2024 05/15/2025 --- 0.00 0.00 1,978.17 City of Escondido 254683CS2 DCENT 2022-2 A 0.00 USD Coupon 03/15/2024 03/15/2024 05/15/2025 --- 0.00 0.00 1,978.17 City of Escondido 254687FK7 WALT DISNEY CO 0.00 USD Coupon 02/28/2024 02/28/2024 08/30/2024 --- 0.00 0.00 7,393.75 City of Escondido 3130ATKJ5 FEDERAL HOME LOAN BANKS 0.00 USD Coupon 03/08/2024 03/08/2024 03/08/2024 --- 0.00 0.00 28,437.50 City of Escondido 3130ATKJ5 FEDERAL HOME LOAN BANKS -1,300,000.00 USD Maturity 03/08/2024 03/08/2024 03/08/2024 100.000 -1,300,000.00 0.00 1,300,000.00 City of Escondido 3130AYNN2 FEDERAL HOME LOAN BANKS 2,000,000.00 USD Buy 01/23/2024 02/07/2024 02/07/2028 100.000 2,000,000.00 0.00 -2,000,000.00 City of Escondido 3133EMAC6 FEDERAL FARM CREDIT BANKS

FUNDING CORP

0.00 USD Coupon 03/21/2024 03/21/2024 09/21/2027 --- 0.00 0.00 3,750.00 City of Escondido 3134GYE40 FEDERAL HOME LOAN MORTGAGE
CORP

0.00 USD Coupon 01/26/2024 01/26/2024 01/26/2026 --- 0.00 0.00 30,385.00 City of Escondido 3135G05X7 FEDERAL NATIONAL MORTGAGE

ASSOCIATION

0.00 USD Coupon 02/25/2024 02/25/2024 08/25/2025 --- 0.00 0.00 3,750.00 City of Escondido 3136AJB54 FNA 2014-M04 A2 0.00 USD Coupon 01/01/2024 01/01/2024 03/25/2024 --- 0.00 0.00 419.52 City of Escondido 3136AJB54 FNA 2014-M04 A2 -34,960.78 USD Principal Paydown 01/01/2024 01/01/2024 03/25/2024 --- -34,960.78 0.00 34,960.78 City of Escondido 3136AJB54 FNA 2014-M04 A2 0.00 USD Coupon 02/01/2024 02/01/2024 03/25/2024 --- 0.00 0.00 322.05 City of Escondido 3136AJB54 FNA 2014-M04 A2 -67,331.06 USD Principal Paydown 02/01/2024 02/01/2024 03/25/2024 --- -67,331.06 0.00 67,331.06 City of Escondido 3136AJB54 FNA 2014-M04 A2 -48,172.05 USD Principal Paydown 03/01/2024 03/01/2024 03/25/2024 --- -48,172.05 0.00 48,172.05 City of Escondido 3136AJB54 FNA 2014-M04 A2 0.00 USD Coupon 03/01/2024 03/25/2024 03/25/2024 --- 0.00 0.00 134.31 City of Escondido 3137BGK24 FHMS K-043 A2 0.00 USD Coupon 01/01/2024 01/01/2024 12/25/2024 --- 0.00 0.00 1,672.45 City of Escondido 3137BGK24 FHMS K-043 A2 -1,082.19 USD Principal Paydown 01/01/2024 01/01/2024 12/25/2024 --- -1,082.19 0.00 1,082.19 City of Escondido 3137BGK24 FHMS K-043 A2 0.00 USD Coupon 02/01/2024 02/01/2024 12/25/2024 --- 0.00 0.00 1,669.68 City of Escondido 3137BGK24 FHMS K-043 A2 -1,085.94 USD Principal Paydown 02/01/2024 02/01/2024 12/25/2024 --- -1,085.94 0.00 1,085.94 City of Escondido 3137BGK24 FHMS K-043 A2 0.00 USD Coupon 03/01/2024 03/01/2024 12/25/2024 --- 0.00 0.00 1,666.91 City of Escondido 3137BGK24 FHMS K-043 A2 -1,216.58 USD Principal Paydown 03/01/2024 03/01/2024 12/25/2024 --- -1,216.58 0.00 1,216.58 City of Escondido 3137EAEP0 FEDERAL HOME LOAN MORTGAGE
CORP

0.00 USD Coupon 02/12/2024 02/12/2024 02/12/2025 --- 0.00 0.00 5,925.00 GAAP Transaction Detail City of Escondido (299155)
12/30/2023 - 03/28/2024 Return to Table of Contents Dated: 04/29/2024 52 Attachment "4"
114
Item6.

Account Identifier Description Current Units Currency Transaction Type Entry Date Settle Date Final Maturity
Price Principal Commission Amount
City of Escondido 3137EAEX3 FEDERAL HOME LOAN MORTGAGE
CORP

0.00 USD Coupon 03/23/2024 03/23/2024 09/23/2025 --- 0.00 0.00 2,156.25 City of Escondido 3137FBTA4 FHMS K-728 A2 0.00 USD Coupon 01/01/2024 01/01/2024 08/25/2024 --- 0.00 0.00 1,895.40 City of Escondido 3137FBTA4 FHMS K-728 A2 -1,230.32 USD Principal Paydown 01/01/2024 01/01/2024 08/25/2024 --- -1,230.32 0.00 1,230.32 City of Escondido 3137FBTA4 FHMS K-728 A2 0.00 USD Coupon 02/01/2024 02/01/2024 08/25/2024 --- 0.00 0.00 1,892.26 City of Escondido 3137FBTA4 FHMS K-728 A2 -1,234.56 USD Principal Paydown 02/01/2024 02/01/2024 08/25/2024 --- -1,234.56 0.00 1,234.56 City of Escondido 3137FBTA4 FHMS K-728 A2 0.00 USD Coupon 03/01/2024 03/01/2024 08/25/2024 --- 0.00 0.00 1,889.11 City of Escondido 3137FBTA4 FHMS K-728 A2 -1,400.56 USD Principal Paydown 03/01/2024 03/01/2024 08/25/2024 --- -1,400.56 0.00 1,400.56 City of Escondido 341271AD6 FLORIDA ST BRD ADMIN FIN CORP REV

0.00 USD Coupon 01/01/2024 01/01/2024 07/01/2025 --- 0.00 0.00 2,516.00 City of Escondido 341271AD6 FLORIDA ST BRD ADMIN FIN CORP REV

0.00 USD Coupon 01/01/2024 01/01/2024 07/01/2025 --- 0.00 0.00 974.95 City of Escondido 341271AD6 FLORIDA ST BRD ADMIN FIN CORP REV

0.00 USD Coupon 01/01/2024 01/01/2024 07/01/2025 --- 0.00 0.00 943.50 City of Escondido 345286AC2 FORDO 2022-A A3 0.00 USD Coupon 01/15/2024 01/15/2024 06/15/2026 --- 0.00 0.00 204.47 City of Escondido 345286AC2 FORDO 2022-A A3 -12,303.06 USD Principal Paydown 01/15/2024 01/15/2024 06/15/2026 --- -12,303.06 0.00 12,303.06 City of Escondido 345286AC2 FORDO 2022-A A3 0.00 USD Coupon 02/15/2024 02/15/2024 06/15/2026 --- 0.00 0.00 191.24 City of Escondido 345286AC2 FORDO 2022-A A3 -13,070.80 USD Principal Paydown 02/15/2024 02/15/2024 06/15/2026 --- -13,070.80 0.00 13,070.80 City of Escondido 345286AC2 FORDO 2022-A A3 0.00 USD Coupon 03/15/2024 03/15/2024 06/15/2026 --- 0.00 0.00 177.19 City of Escondido 345286AC2 FORDO 2022-A A3 -12,556.74 USD Principal Paydown 03/15/2024 03/15/2024 06/15/2026 --- -12,556.74 0.00 12,556.74 City of Escondido 380146AC4 GMCAR 2022-1 A3 0.00 USD Coupon 01/16/2024 01/16/2024 11/16/2026 --- 0.00 0.00 249.56 City of Escondido 380146AC4 GMCAR 2022-1 A3 -14,130.30 USD Principal Paydown 01/16/2024 01/16/2024 11/16/2026 --- -14,130.30 0.00 14,130.30 City of Escondido 380146AC4 GMCAR 2022-1 A3 0.00 USD Coupon 02/16/2024 02/16/2024 11/16/2026 --- 0.00 0.00 234.72 City of Escondido 380146AC4 GMCAR 2022-1 A3 -13,960.75 USD Principal Paydown 02/16/2024 02/16/2024 11/16/2026 --- -13,960.75 0.00 13,960.75 City of Escondido 380146AC4 GMCAR 2022-1 A3 0.00 USD Coupon 03/16/2024 03/16/2024 11/16/2026 --- 0.00 0.00 220.07 City of Escondido 380146AC4 GMCAR 2022-1 A3 -13,898.11 USD Principal Paydown 03/16/2024 03/16/2024 11/16/2026 --- -13,898.11 0.00 13,898.11 City of Escondido 38141GXS8 GOLDMAN SACHS GROUP INC 0.00 USD Coupon 02/12/2024 02/12/2024 02/12/2026 --- 0.00 0.00 2,778.75 City of Escondido 43815GAC3 HAROT 2021-4 A3 0.00 USD Coupon 01/21/2024 01/21/2024 01/21/2026 --- 0.00 0.00 145.58 City of Escondido 43815GAC3 HAROT 2021-4 A3 -14,809.52 USD Principal Paydown 01/21/2024 01/21/2024 01/21/2026 --- -14,809.52 0.00 14,809.52 City of Escondido 43815GAC3 HAROT 2021-4 A3 0.00 USD Coupon 02/21/2024 02/21/2024 01/21/2026 --- 0.00 0.00 134.72 City of Escondido 43815GAC3 HAROT 2021-4 A3 -14,740.63 USD Principal Paydown 02/21/2024 02/21/2024 01/21/2026 --- -14,740.63 0.00 14,740.63 City of Escondido 43815GAC3 HAROT 2021-4 A3 0.00 USD Coupon 03/21/2024 03/21/2024 01/21/2026 --- 0.00 0.00 123.91 City of Escondido 43815GAC3 HAROT 2021-4 A3 -14,112.93 USD Principal Paydown 03/21/2024 03/21/2024 01/21/2026 --- -14,112.93 0.00 14,112.93 City of Escondido 438516CE4 HONEYWELL INTERNATIONAL INC 0.00 USD Coupon 03/01/2024 03/01/2024 03/01/2027 --- 0.00 0.00 3,850.00 City of Escondido 448977AD0 HART 2022-A A3 0.00 USD Coupon 01/15/2024 01/15/2024 10/15/2026 --- 0.00 0.00 1,293.50 City of Escondido 448977AD0 HART 2022-A A3 -41,902.22 USD Principal Paydown 01/15/2024 01/15/2024 10/15/2026 --- -41,902.22 0.00 41,902.22 City of Escondido 448977AD0 HART 2022-A A3 0.00 USD Coupon 02/15/2024 02/15/2024 10/15/2026 --- 0.00 0.00 1,215.98 City of Escondido 448977AD0 HART 2022-A A3 -40,869.14 USD Principal Paydown 02/15/2024 02/15/2024 10/15/2026 --- -40,869.14 0.00 40,869.14 City of Escondido 448977AD0 HART 2022-A A3 0.00 USD Coupon 03/15/2024 03/15/2024 10/15/2026 --- 0.00 0.00 1,140.37 City of Escondido 448977AD0 HART 2022-A A3 -39,751.27 USD Principal Paydown 03/15/2024 03/15/2024 10/15/2026 --- -39,751.27 0.00 39,751.27 City of Escondido 4581X0DK1 INTER-AMERICAN DEVELOPMENT
BANK

0.00 USD Coupon 03/14/2024 03/14/2024 03/14/2025 --- 0.00 0.00 7,306.25 City of Escondido 4581X0DZ8 INTER-AMERICAN DEVELOPMENT
BANK

0.00 USD Coupon 03/23/2024 03/23/2024 09/23/2024 --- 0.00 0.00 3,825.00 City of Escondido 459200KM2 INTERNATIONAL BUSINESS

MACHINES CORP

0.00 USD Coupon 02/09/2024 02/09/2024 02/09/2027 --- 0.00 0.00 11,000.00 City of Escondido 46647PBH8 JPMORGAN CHASE & CO 0.00 USD Coupon 03/13/2024 03/13/2024 03/13/2026 --- 0.00 0.00 7,518.75 City of Escondido 50117XAE2 KCOT 212 A3 0.00 USD Coupon 01/15/2024 01/15/2024 11/17/2025 --- 0.00 0.00 111.75 City of Escondido 50117XAE2 KCOT 212 A3 -19,964.49 USD Principal Paydown 01/15/2024 01/15/2024 11/17/2025 --- -19,964.49 0.00 19,964.49 City of Escondido 50117XAE2 KCOT 212 A3 0.00 USD Coupon 02/15/2024 02/15/2024 11/17/2025 --- 0.00 0.00 102.43 City of Escondido 50117XAE2 KCOT 212 A3 -19,825.61 USD Principal Paydown 02/15/2024 02/15/2024 11/17/2025 --- -19,825.61 0.00 19,825.61 City of Escondido 50117XAE2 KCOT 212 A3 0.00 USD Coupon 03/15/2024 03/15/2024 11/17/2025 --- 0.00 0.00 93.18 City of Escondido 50117XAE2 KCOT 212 A3 -18,933.51 USD Principal Paydown 03/15/2024 03/15/2024 11/17/2025 --- -18,933.51 0.00 18,933.51 GAAP Transaction Detail City of Escondido (299155)
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Item6.

Account Identifier Description Current Units Currency Transaction Type Entry Date Settle Date Final Maturity
Price Principal Commission Amount
City of Escondido 54438CYK2 LOS ANGELES CALIF CMNTY

COLLEGE DIST

0.00 USD Coupon 02/01/2024 02/01/2024 08/01/2025 --- 0.00 0.00 1,584.65 City of Escondido 544647FC9 LOS ANGELES CALIF UNI SCH
DIST

0.00 USD Coupon 01/01/2024 01/01/2024 07/01/2026 --- 0.00 0.00 2,255.25 City of Escondido 574193TQ1 MARYLAND ST 0.00 USD Coupon 02/01/2024 02/01/2024 08/01/2024 --- 0.00 0.00 956.25 City of Escondido 60412AVJ9 MINNESOTA ST 0.00 USD Coupon 02/01/2024 02/01/2024 08/01/2025 --- 0.00 0.00 866.25 City of Escondido 61747YEM3 MORGAN STANLEY 0.00 USD Coupon 02/18/2024 02/18/2024 02/18/2026 --- 0.00 0.00 4,076.50 City of Escondido 650036DT0 NEW YORK ST URBAN DEV CORP
REV

0.00 USD Coupon 03/15/2024 03/15/2024 03/15/2025 --- 0.00 0.00 4,110.75 City of Escondido 697511FB4 PALOMAR CALIF CMNTY COLLEGE DIST

0.00 USD Coupon 02/01/2024 02/01/2024 08/01/2024 --- 0.00 0.00 1,746.80 City of Escondido 771196BT8 ROCHE HOLDINGS INC 0.00 USD Coupon 03/10/2024 03/10/2024 03/10/2025 --- 0.00 0.00 13,804.70 City of Escondido 797272QP9 SAN DIEGO CALIF CMNTY

COLLEGE DIST

0.00 USD Coupon 02/01/2024 02/01/2024 08/01/2024 --- 0.00 0.00 2,506.35 City of Escondido 798306WN2 SAN JUAN CALIF UNI SCH DIST 0.00 USD Coupon 02/01/2024 02/01/2024 08/01/2024 --- 0.00 0.00 1,456.65 City of Escondido 799408Z85 SAN RAMON VALLEY CALIF UNI

SCH DIST

0.00 USD Coupon 02/01/2024 02/01/2024 08/01/2025 --- 0.00 0.00 1,498.50 City of Escondido 808513AY1 CHARLES SCHWAB CORP 0.00 USD Coupon 02/01/2024 02/01/2024 02/01/2024 --- 0.00 0.00 14,466.25 City of Escondido 808513AY1 CHARLES SCHWAB CORP -815,000.00 USD Maturity 02/01/2024 02/01/2024 02/01/2024 100.000 -815,000.00 0.00 815,000.00 City of Escondido 87612EBM7 TARGET CORP 0.00 USD Coupon 01/15/2024 01/15/2024 01/15/2027 --- 0.00 0.00 8,092.50 City of Escondido 89236TKC8 TOYOTA MOTOR CREDIT CORP 0.00 USD Coupon 12/30/2023 12/30/2023 06/30/2025 --- 0.00 0.00 9,875.00 City of Escondido 904764BN6 UNILEVER CAPITAL CORP 0.00 USD Coupon 02/12/2024 02/12/2024 08/12/2024 --- 0.00 0.00 500.80 City of Escondido 91159HHX1 US BANCORP 0.00 USD Coupon 01/30/2024 01/30/2024 07/30/2024 --- 0.00 0.00 10,140.00 City of Escondido 9128282A7 UNITED STATES TREASURY 0.00 USD Coupon 02/15/2024 02/15/2024 08/15/2026 --- 0.00 0.00 14,250.00 City of Escondido 9128283V0 UNITED STATES TREASURY 0.00 USD Coupon 01/31/2024 01/31/2024 01/31/2025 --- 0.00 0.00 3,500.00 City of Escondido 9128286A3 UNITED STATES TREASURY 0.00 USD Coupon 01/31/2024 01/31/2024 01/31/2026 --- 0.00 0.00 26,840.63 City of Escondido 912828D56 UNITED STATES TREASURY 0.00 USD Coupon 02/15/2024 02/15/2024 08/15/2024 --- 0.00 0.00 6,828.13 City of Escondido 912828V80 UNITED STATES TREASURY 0.00 USD Coupon 01/31/2024 01/31/2024 01/31/2024 --- 0.00 0.00 6,750.00 City of Escondido 912828V80 UNITED STATES TREASURY -600,000.00 USD Maturity 01/31/2024 01/31/2024 01/31/2024 100.000 -600,000.00 0.00 600,000.00 City of Escondido 912828V98 UNITED STATES TREASURY 0.00 USD Coupon 02/15/2024 02/15/2024 02/15/2027 --- 0.00 0.00 13,050.00 City of Escondido 912828W48 UNITED STATES TREASURY 0.00 USD Coupon 02/29/2024 02/29/2024 02/29/2024 --- 0.00 0.00 1,009.38 City of Escondido 912828W48 UNITED STATES TREASURY -95,000.00 USD Maturity 02/29/2024 02/29/2024 02/29/2024 100.000 -95,000.00 0.00 95,000.00 City of Escondido 912828XX3 UNITED STATES TREASURY 0.00 USD Coupon 12/31/2023 12/31/2023 06/30/2024 --- 0.00 0.00 12,250.00 City of Escondido 912828XZ8 UNITED STATES TREASURY 0.00 USD Coupon 12/31/2023 12/31/2023 06/30/2025 --- 0.00 0.00 20,625.00 City of Escondido 912828Y87 UNITED STATES TREASURY 0.00 USD Coupon 01/31/2024 01/31/2024 07/31/2024 --- 0.00 0.00 6,475.00 City of Escondido 912828Y95 UNITED STATES TREASURY 0.00 USD Coupon 01/31/2024 01/31/2024 07/31/2026 --- 0.00 0.00 18,750.00 City of Escondido 912828ZV5 UNITED STATES TREASURY 0.00 USD Coupon 12/31/2023 12/31/2023 06/30/2027 --- 0.00 0.00 7,500.00 City of Escondido 91282CAB7 UNITED STATES TREASURY 0.00 USD Coupon 01/31/2024 01/31/2024 07/31/2025 --- 0.00 0.00 2,975.00 City of Escondido 91282CAD3 UNITED STATES TREASURY 0.00 USD Coupon 01/31/2024 01/31/2024 07/31/2027 --- 0.00 0.00 3,750.00 City of Escondido 91282CBC4 UNITED STATES TREASURY 0.00 USD Coupon 12/31/2023 12/31/2023 12/31/2025 --- 0.00 0.00 2,250.00 City of Escondido 91282CBH3 UNITED STATES TREASURY 0.00 USD Coupon 01/31/2024 01/31/2024 01/31/2026 --- 0.00 0.00 9,984.38 City of Escondido 91282CBJ9 UNITED STATES TREASURY 0.00 USD Coupon 01/31/2024 01/31/2024 01/31/2028 --- 0.00 0.00 3,750.00 City of Escondido 91282CBQ3 UNITED STATES TREASURY 0.00 USD Coupon 02/29/2024 02/29/2024 02/28/2026 --- 0.00 0.00 8,500.00 City of Escondido 91282CCJ8 UNITED STATES TREASURY 0.00 USD Coupon 12/31/2023 12/31/2023 06/30/2026 --- 0.00 0.00 1,575.00 City of Escondido 91282CCJ8 UNITED STATES TREASURY 0.00 USD Coupon 12/31/2023 12/31/2023 06/30/2026 --- 0.00 0.00 8,968.75 City of Escondido 91282CDZ1 UNITED STATES TREASURY 0.00 USD Coupon 02/15/2024 02/15/2024 02/15/2025 --- 0.00 0.00 8,812.50 City of Escondido 91282CFB2 UNITED STATES TREASURY 1,000,000.00 USD Buy 01/23/2024 01/25/2024 07/31/2027 95.555 955,546.88 0.00 -968,848.51 City of Escondido 91282CFB2 UNITED STATES TREASURY 0.00 USD Coupon 01/31/2024 01/31/2024 07/31/2027 --- 0.00 0.00 27,500.00 City of Escondido 91282CFH9 UNITED STATES TREASURY 0.00 USD Coupon 02/29/2024 02/29/2024 08/31/2027 --- 0.00 0.00 15,625.00 City of Escondido 91282CFU0 UNITED STATES TREASURY 1,000,000.00 USD Buy 03/06/2024 03/07/2024 10/31/2027 99.710 997,100.00 0.00 -1,011,605.49 City of Escondido 91282CGC9 UNITED STATES TREASURY 4,000,000.00 USD Buy 03/06/2024 03/07/2024 12/31/2027 99.000 3,960,000.00 0.00 -3,988,530.22 City of Escondido 91282CGP0 UNITED STATES TREASURY 2,000,000.00 USD Buy 01/23/2024 01/24/2024 02/29/2028 99.772 1,995,440.00 0.00 -2,027,527.91 City of Escondido 91282CGP0 UNITED STATES TREASURY 0.00 USD Coupon 02/29/2024 02/29/2024 02/29/2028 --- 0.00 0.00 60,000.00 City of Escondido 91282CGT2 UNITED STATES TREASURY 5,000,000.00 USD Buy 03/06/2024 03/07/2024 03/31/2028 98.125 4,906,250.00 0.00 -4,984,989.75 GAAP Transaction Detail City of Escondido (299155)
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Item6.

* Showing transactions with Entry Date within selected date range. * Weighted by: Absolute Value of Principal. * MMF transactions are collapsed. * The Transaction Detail/Trading Activity reports provide our most up-to-date transactional details. As such, these reports are subject to change even after the other reports on the website have been locked down. While these reports can be useful tools in understanding recent activity, due to their dynamic nature we do not recommend using them for booking journal entries or reconciliation.

Account Identifier Description Current Units Currency Transaction Type Entry Date Settle Date Final Maturity
Price Principal Commission Amount
City of Escondido 91282CHA2 UNITED STATES TREASURY 1,000,000.00 USD Buy 03/06/2024 03/07/2024 04/30/2028 97.505 975,050.00 0.00 -987,357.69 City of Escondido 91282CHE4 UNITED STATES TREASURY 2,000,000.00 USD Buy 03/06/2024 03/07/2024 05/31/2028 97.976 1,959,520.00 0.00 -1,978,932.57 City of Escondido 91282CHK0 UNITED STATES TREASURY 0.00 USD Coupon 12/31/2023 12/31/2023 06/30/2028 --- 0.00 0.00 40,000.00 City of Escondido 91282CHK0 UNITED STATES TREASURY 3,000,000.00 USD Buy 01/23/2024 01/24/2024 06/30/2028 99.756 2,992,680.00 0.00 -3,000,592.09 City of Escondido 91282CHU8 UNITED STATES TREASURY 2,000,000.00 USD Buy 01/23/2024 01/24/2024 08/15/2026 100.500 2,010,000.00 0.00 -2,048,519.02 City of Escondido 91282CHU8 UNITED STATES TREASURY 0.00 USD Coupon 02/15/2024 02/15/2024 08/15/2026 --- 0.00 0.00 43,750.00 City of Escondido 923040GU7 VENTURA CNTY CALIF CMNTY

COLLEGE DIST

0.00 USD Coupon 02/01/2024 02/01/2024 08/01/2024 --- 0.00 0.00 4,410.00 City of Escondido 977123X60 WISCONSIN (STATE OF) 0.00 USD Coupon 01/01/2024 01/01/2024 07/01/2024 --- 0.00 0.00 1,996.80 City of Escondido 98163KAC6 WOART 2021-D A3 0.00 USD Coupon 01/15/2024 01/15/2024 10/15/2026 --- 0.00 0.00 164.48 City of Escondido 98163KAC6 WOART 2021-D A3 -16,267.84 USD Principal Paydown 01/15/2024 01/15/2024 10/15/2026 --- -16,267.84 0.00 16,267.84 City of Escondido 98163KAC6 WOART 2021-D A3 0.00 USD Coupon 02/15/2024 02/15/2024 10/15/2026 --- 0.00 0.00 153.50 City of Escondido 98163KAC6 WOART 2021-D A3 -16,690.25 USD Principal Paydown 02/15/2024 02/15/2024 10/15/2026 --- -16,690.25 0.00 16,690.25 City of Escondido 98163KAC6 WOART 2021-D A3 0.00 USD Coupon 03/15/2024 03/15/2024 10/15/2026 --- 0.00 0.00 142.24 City of Escondido 98163KAC6 WOART 2021-D A3 -15,804.44 USD Principal Paydown 03/15/2024 03/15/2024 10/15/2026 --- -15,804.44 0.00 15,804.44 City of Escondido CCYUSD US DOLLAR 0.00 USD Cash Transfer 01/12/2024 01/12/2024 03/28/2024 --- 0.00 0.00 5,000,000.00 City of Escondido CCYUSD US DOLLAR 0.00 USD Cash Transfer 02/27/2024 02/27/2024 03/28/2024 --- 0.00 0.00 10,000,000.00 City of Escondido CCYUSD US DOLLAR 0.00 USD Cash Transfer 03/07/2024 03/07/2024 03/28/2024 --- 0.00 0.00 205,125.67 City of Escondido CCYUSD US DOLLAR 0.00 USD Cash Transfer 03/07/2024 03/07/2024 03/28/2024 --- 0.00 0.00 -205,125.67 City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102
19,230,125.53 USD Buy --- --- 03/28/2024 1.000 19,230,125.53 0.00 -19,230,125.53 City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102
-23,641,670.83 USD Sell --- --- 03/28/2024 1.000 -23,641,670.83 0.00 23,641,670.83 City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102

0.00 USD Money Market Funds 01/03/2024 01/03/2024 03/28/2024 --- 0.00 0.00 37,908.69 City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102

0.00 USD Money Market Funds 02/02/2024 02/02/2024 03/28/2024 --- 0.00 0.00 37,582.94 City of Escondido X9USDBRD2 BLACKROCK FED TRST DOLR SHR FD 102

0.00 USD Money Market Funds 03/04/2024 03/04/2024 03/28/2024 --- 0.00 0.00 25,923.55 City of Escondido --- --- 15,802,977.06 USD --- --- --- 07/10/2025 --- 15,516,063.96 0.00 20,125.00 GAAP Transaction Detail City of Escondido (299155)
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117
Item6.

Limits.

Resolutions.

Notes.

Timestamp,
Username
Account Policy Name Category Name Rule Name Previous Value, New Value
Timestamp,
Username
Account,
Policy Name
Category Name,
Rule Name
Identifier,
Description
Previous Start Date,
New Start Date
Previous End Date,
New End Date
Timestamp,
Username
Account,
Policy Name
Category Name,
Rule Name
Identifier,
Description
Previous Note,
New Note
Audit City of Escondido (299155)
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118
Item6.

STAFF REPORT

May 8, 2024
File Number 0910-10

SUBJECT

AUTHORIZE CHANGE ORDER FOR THE ANNUAL SIDEWALK MAINTENANCE PROJECT

DEPARTMENT
Development Services

RECOMMENDATION
It is requested that the City Council adopt Resolution No. 2024-54 authorizing a construction change order in the amount of $4 5,000 for the construction of new pedestrian ramps and additional sidewalk, curb and gutter replacement to be completed as a part of the Annual Sidewalk Maintenance Project.

Staff Recommendation: Approval (Chris McKinney, Deputy City Manager) Presenter: Jonathan Schauble, Principal Civil Engineer
ESSENTIAL SERVICE – Yes, Public Works/Infrastructure
COUNCIL PRIORITY – Improve Public Safety

FISCAL ANALYSIS
The Project is included in the CIP budget and is funded with Gas Tax, TransNet, and Road Maintenance and Rehabilitation Account (“RMRA”) funds. Funding for installation of sidewalks near Classical Academy, Hidden Valley Middle School and Felicita Elementary is available in the CIP account for Transportation and Community Safety Commission selected projects.

PREVIOUS ACTION
On November 15, 2023 the City Council adopt ed Resolution No. 202 3-151 awarding the construction contract to L.C. Paving & Sealing, Inc. in the amount of $499,279.50 for Phase I of the 2023 Street Rehabilitation and Maintenance Project (“Project”).

BACKGROUND
This Project includes the first phase of the City of Escondido’s Annual Street Maintenance Program that includes the replacement of damaged sidewalk, curb and gutter . The zone of focus for this program is Maintenance Zone ES, the area east of Ash Street between East Valley Parkway on the north, and the City 119
Item7.

Limits to the south. In total, the Project will replace 9,429 square feet (0.36 miles) of sidewalk, install 12 pedestrian ramps, and replace 33 street trees that are damaging the sidewalk.

A total of three additional pedestrian ramps and replacement of a cross gutter near Felicita Elementary, Classical Academy and Hidden Valley Middle School were added to the project as they could be completed more efficiently through this contract based on economy of scale . These locations were selected by the Transportation and Community Safety Commission and are funded with the budget set aside for the Commission-selected projects. The cost of the Commission -funded work is $ 31,000. To minimize inconvenience to the public and maximize student safety, this work was completed over Spring Break.

Staff also recommends adding sidewalk, curb and gutter replacement work at Lincoln Elementary to the contract. In addition, i t is likely that actual quantities of work will vary slightly from the estimate d quantities in the contract as concrete cracking tends to grow as time elapses. The cost of these additional concrete improvements will not exceed $14,000.

Staff requests the authorization of change orders to the contract for the work described above in an amount not to exceed $45,000. Staff will retain the authority to approve change orders up to ten-percent of the total contract amount in accordance with the Municipal Code.

PROJECT SCHEDULE
The FY22/23 Annual Sidewalk Maintenance project began work on March 11, 2024. Project completion is anticipated in June 2024 . The timing for this project is consistent with the schedule provided on the attached April CIP Project Status Report.

Over the past five years, over $22 -million in Active Transportation, Highway Safety Improvement, Smart Growth Incentive, and State and Federal grant funding has been secured to enable completion of eight additional major capital improvement projects. At the same time, Engineering Services is experiencing a 20-percent vacancy rate largely fueled by private sector and utility district competition. The combination of additional capital projects , recruitment, and retention difficulties has resulted in a volum e of capital projects that exceeds the capacity of staff to deliver them. The result is that some project schedules have been delayed making meeting grant -funding requirements more challenging and project delivery less efficient.

It should be noted that while the FY22/23 Annual Street and Sidewalk Maintenance projects have been delayed, additional resources approved by the City Council on March 21, 2024, will increase the pace of project delivery and allow the FY23/24 program to begin construction by the end of this calendar year.

RESOLUTIONS
a. Resolution No. 2024-54

120
Item7.

ATTACHMENTS
a. Attachment “1”- April 22, 2024 Streets CIP Project Status Report 121
Item7.

RESOLUTION NO. 2024-54

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

ESCONDIDO, CALIFORNIA, APPROVING CHANGE

ORDERS TO THE PUBLIC IMPROVEMENT AGREEMENT
WITH L.C. P AVING & S EALING, I NC. FOR THE

CONSTRUCTION OF THE ANNUAL SIDEWALK

MAINTENANCE PROJECT

WHEREAS, the City Council has allocated funding in the adopted Capital Improvement Program (“CIP”) Budget for the Annual Sidewalk Maintenance Project and Transportation and Community Safety Commission selected projects; and
WHEREAS, on November 15, 2023, the City Council adopted Resolution No. 2023-151 authorizing execution of a Public Improvement Agreement with L.C. Paving & Sealing, Inc. in the amount of $499,279.50 for the construction of Phase I of the 2023 Street Rehabilitation and Maintenance Project (“Project”); and
WHEREAS, the City Council recognizes that completion of concrete improvements near Felicita Elementary, Classical Academy , and Hidden Valley Middle School as a part of the annual sidewalk maintenance project provides for efficient and cost effective delivery of Transportation and Community Safety Commision projects; and
WHEREAS, this City Council desires at this time and deems it to be in the best public interest to authorize the City Engineer to execute construction change orders with L.C. Paving & Sealing, Inc. in an amount not to exceed $45,000.

NOW, THEREFORE, BE IT RESOLVE D by the City Council of the City of Escondido, California , as follows:
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1. That the above recitations are true.

2. That the City Council authorizes the City Engineer to execute, on behalf of the City, construction change orders with L.C. Paving & Sealing, Inc. for the construction of Phase I of the 2023 Street Rehabilitation and Maintenance Project in an amount not to exceed $45,000.

3. That staff retains the authority to approve change orders up to ten percent of the total contract amount in accordance with the Municipal Code.
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Streets Project Status
Date range: 01 Oct 2022 - 02 Jul 2024
Total number of projects: 16
Generated for Julie Procopio at 1:46pm 04/12/2024
Name ↑ Owner Time Left Dates Latest Update Health
CATS and Mobility Element Update Craig Williams 10 months left 05 Dec 2022 - 12 Feb 2025 Seeking community feedback through April. Good
Citracado Parkway Extension Matt Souttere 4 months left 06 Sep 2022 - 31 Jul 2024 Soundwall foundation drilling
complete. Roadway
construction underway.

Good
CleanCA Escondido Monument Jonathan
Schauble 1 year left 01 Aug 2022 - 30 Apr 2025
Caltrans requests glare
study. Considering if grant
can fund.

At Risk
FY21/22 Street Maint. - (EN Ph 2) Matt Souttere 3 months left 20 Sep 2022 - 28 Jun 2024 Slurry seal complete.

Resurfacing of two
major streets, striping
and signage remaining
Good
FY22/23 Sidewalk Maint. - (ES Ph 1) Ani Mehra 3 months left 10 Aug 2023 - 28 Jun 2024 First day of construction was 3/11
Good
FY22/23 Street Maint. (ES Ph 2) Matt Souttere 6 months left 29 Aug 2023 - 07 Oct 2024 Awarded 3/20. Executing construction contracts. Good
Attachment "1"
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Name ↑ Owner Time Left Dates Latest Update Health
FY23/24 Sidewalk Maintenance -
(CN Ph 1) Nick Josten 9 months left 13 Mar - 31 Dec 2024 Design began on 3/21 Good FY23/24 Street Maintenance
(CN Ph 2)
Nick Josten 1 year left 20 Mar 2024 - 30 Jun 2025 Design began on 3/21 Good Grand Avenue Phase II Jonathan
Schauble 3 years left 14 Sep 2022 - 14 Jan 2027 Awarded. CON to begin in September/October Good
Juniper St. Neighborhood Lighting Matt Souttere 10 months left 30 Nov 2022 - 31 Jan 2025 Advertised for bids to be received on 5/9
Good
Local Roadway Safety Project #1 3 years left 13 Mar 2023 - 07 Nov 2026 Begin project in June 2024 Good Midway Drainage Project Marissa Padilla 4 years left 01 Nov 2023 - 30 Nov 2027 Draft Request for Design
Proposals under review by
OES/FEMA.

Good
South Escondido Access
Improvement Project Nick Josten 2 years left 27 Feb 2023 - 15 Aug 2026 Conceptual design is under way. Good
Storm Drain Rehab Ph 4 Nick Josten 1 year left 20 Jan 2024 - 18 Jun 2025 Design began 3/21 Good Attachment "1"
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Name ↑ Owner Time Left Dates Latest Update Health
Structure (Bridge) Maintenance
Program Ani Mehra 6 years left 01 Jan 2023 - 01 Jan 2030 Awaiting grant funding Good Valley Parkway Sidewalk
Improvements Ani Mehra 2 years left 02 Jan 2023 - 25 Jan 2026 Executing roadway
dedication documents.

Design is under way.

Good
Attachment "1"
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ORDINANCE NO. 2024-04

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF

ESCONDIDO, CALIFORNIA, APPROVING AND ADOPTING

THE ESCONDIDO POLICE DEPARTMENT MILITARY

EQUIPMENT USE POLICY

WHEREAS, on September 30, 2021, Governor Gavin Newsom signed into law Assembly Bill 481 to regulate the use of military equipment by law enforcement agencies; and WHEREAS, Assembly Bill 481, codified at California Government Code section 7070 et seq., requires law enforcement agencies to obtain approval of the applicable governing body, by an ordinance adopting a military equipment use policy, at a regular meeting held pursuant to open meeting laws, prior to taking certain actions relating to the funding, acquisition, or use of military equipment; and WHEREAS, California Government Code section 7070 defines the terms “military equipment” and establishes the minimum requirements for a “military equipment use policy”; and WHEREAS, California Government Code section 7071 requires the governing body determine, prior to approving a military equipment use policy, the following:
a. The military equipment is necessary because there is no reasonable alternative that can achieve the same objective of officer and civilian safety. b. The proposed military equipment use policy will safeguard the public's welfare, safety, civil rights, and civil liberties.
c. If purchasing the equipment, the equipment is reasonably cost effective compared to available alternatives that can achieve the same objective of officer and civilian safety. 127
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ORDINANCE NO. 2024-05

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF

ESCONDIDO, CALIFORNIA, APPROVING A ZONE TEXT

AMENDMENT TO AMEND SEVERAL ARTICLES OF THE

ESCONDIDO ZONING CODE

The City Council of the City of Escondido, California does ordain as follows:

SECTION 1. The City Council makes the following findings:
a) On February 21, 2024, the City Council adopted Ordinance No. 2024 -03 dissolving the Historic Preservation Commission to bring the Escondido Zoning Code in to alignment with the recently adopted Comprehensive Economic Development Study.
b) The Planning Division of the Development Services Department identified the changes that are necessary to address the dissolution of the Historic Preservation Commission, and processed a Zone Text Amendment (Planning Case No. PL24 -0017) to amend Article 40 (Historical Resources), Article 61 (Administration and Enforcement), Article 64 (Design Review), and Article 65 (Old Escondido Neighborhood) of Chapter 33 (Escondido Zoning Code) of the Escondido Municipal Code. c) The intent and purpose of the Zone Text Amendment is to amend the Escondido Zoning Code to reassign historic preservation responsibilities to the Planning Commission, City Council, Zoning Administrator, and/or City staff.
d) The Planning Division of the Development Services Department completed its review , and scheduled and held a public hearing regarding the Zone Text Amendment before the Planning Commission on March 26, 2024. Following the public hearing on March 26, 2024, the Plan ning Commission adopted Resolution 128
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STAFF REPORT

May 8, 2024
File Number 0870-11

SUBJECT
REVIEW AND REAFFIRM COMMUNITY DEVELOPMENT BLOCK GRANT ("CDBG"), HOME INVESTMENT PARTNERSHIP PROGRAM ("HOME"), EMERGENCY SOLUTIONS GRANT (“ESG”) PRIORITIES IN THE 2020- 2024 CONSOLIDATED PLAN AND APPROVE AN ALLOCATION PROCESS FOR FISCAL YEAR 2024 -2025 FUNDING.

DEPARTMENT
Development Services Department; Housing and Neighborhood Services Division

RECOMMENDATION
Request the City Council conduct a public hearing, review and re -affirm the CDBG , HOME, and ESG priorities adopted in the 2020-2024 Consolidated Plan, approve an allocation process for FY 2024-2025 utilizing the maximum allowable allocations for public services and the maximum allowable allocations for administration of the CDBG and HOME programs, and authorize the release of a Request for Proposal ("RFP") for public services and community development activities.

Staff Recommendation: Provide Direction and Approval (Development Services: Chris McKinney) Presenter: Danielle Lopez, Housing and Neighborhood Services Manager ESSENTIAL SERVICE – Yes, Keep City Clean for Public Health and Safety; Land Use/Development; Public Works/Infrastructure; Maintenance of Parks facilities/Open Spaces COUNCIL PRIORITY – Improve Public Safety; Increase Retention and Attraction of People and Businesses to Escondido; Encourage Housing Development

FISCAL ANALYSIS

While Congress has allocated funds to the U.S. Department of Housing and Urban Development (“HUD”), HUD has not yet announced allocations for local jurisdictions. It is anticipated that the City of Escondido (“City”) will receive approximately $1.4 million in CDBG entitlement funds, $700,000 in HOME entitlement funds, and $0 in ESG funding , from HUD for FY 2024 -2025. The CDBG and HOME activities and administrative costs will be funded solely by grant funds and will not impact the General Fund.

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PREVIOUS ACTION
On May 24, 2023, the City Council reaffirmed the 2020-2024 Consolidated Plan priorities and amended the Plan to include an additional public safety priority.

On May 20, 2020, the City Council approved the 2020-2024 Five Year Consolidated Plan (“Con Plan”) which is a five-year plan that outlines the City’s priorities, goals and funding priorities for CDBG, HOME, and ESG through June 30, 2025 , and included the first year Annual Action Plan. The 2020 Con Plan included five community development (CDBG), five homelessness (ESG), and two housing (HOME) priorities.

BACKGROUND
The City of Escondido is considered an entitlement jurisdiction and receives an annual allocation from HUD for the operations of its CDBG, HOME , and ESG programs. The funding is determined by a formula calculated by HUD based on population, age of the city, poverty levels, etc. The City’s allocation can fluctuate year-to-year causing funding to increase or decrease in various programs.

As a recipient of the federal funds, the City is required to submit a five-year Consolidated Plan, an Annual Action Plan, and monitor its progress, outcomes, and expenditures through the Consolidated Annual Performance and Evaluation Report (“CAPER”).

Based on a community needs assessments and public participation, CDBG, HOME, and ESG priorities were identified and adopted as part of the FY 20 20-2024 Five-Year Consolidated Plan. Each year, prior to adoption of the One -Year Action Pla n, Council is asked to review and reaffirm the priorities and may choose to adopt changes at that time. Each year, an Annual Action Plan is developed to determine exactly how funds will be spent in order to meet the goals of the Con Plan.

After the City Council has confirmed the City’s priorities for the upcoming fiscal year and pending City Council approval, Housing and Neighborhood Services staff will release a Request for Proposal (“RFP”) to notify potential internal and external subrecipients of the funding availability. Staff has prepared the draft RFP (included as Attachment “1”) for the use of FY 2024-2025 CDBG funds. Upon authorization by the City Council, staff will distribute the RFP to prospective applicants immediately.

In accordance with the City’s Citizen Participation Plan, the City conducts two public hearings. A second public hearing will be held late summer to review staff’s recommendations and adopt the 202 4 Annual Action Plan, allocating the FY 2024-25 funds. The final plan must be submitted to HUD by August 16, 2024.

City staff released a public notice on April 4, 2024 , for a 30 -day public comment period requesting feedback on the City’s CDBG, HOME , and ESG priorities for FY 2024 -25. The Con Plan and the current Action Plan were available on the City’s website and at the Housing and Neighborhood Services front counter. City staff received no public comments, questions, or concerns on the priorities or plans. 130
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City staff met with the City’s Ad-Hoc Subcommittee on Homelessness on April 29, 2024 , to provide a n overview of the CDBG, HOME, and ESG programs, the City’s identified priorities, challenges and obstacles including the City’s timeliness test, and the recommended allocation process. The Subcommittee supported staff’s recommendation to reaffirm the existing CDBG, HOME, and ESG Priorities for the final year of the Con Plan and to utilize an allocation process that provides for the maximum allowable amounts for administrative costs and public service allocations.

CDBG Anticipated Allocation Process, National Objectives, and Priorities:

Allocation Process
CDBG regulations place limitations on the amount of funding grantees may use for administration and public services. No more than 15% of a grantee’s annual CDBG allocation may be used for public service activities and no more than 20% of a grantee’s annual CDBG allocation may be used for pr ogram administration. There is no cap on the percentage of a grantee’s annual CDBG allocation that may be used for capital projects in low and moderate-income neighborhoods.

It is important to note that federal funds must not be used to supplant general fund spending and all funded projects must meet one of HUD’s national objectives, serve and benefit low - and moderate - income persons or areas in the community and work toward accomplishing a goal in the Con Plan.

National Objectives
CDBG-funded activities must meet at least one of three national objectives set forth by HUD:
1) Benefit low and moderate-income persons;
2) Aid in the elimination of slum and blight; or
3) Meet a particular urgent community need because existing conditions pose a serious threat and no other source of funds is available. This national objective is rare and is designated only for activities that alleviate emergency conditions, e.g., fire, flood, earthquake.

Historically, CDBG funded activities in the City have focused on the first national objective of benefitting low and moderate-income persons.

CDBG Priorities
The community development priorities approved for the 2020 Con Plan, as amended on May 24, 2023 are:
• Homeless services: Support homeless shelter and other services. 131
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• Basic Needs: Provide access to food, water, shelter, and sanitation. • Health and Human Development: Provide access to recreation, education, and healthcare. • Neighborhood Revitalization: Improve the livability of neighborhoods. • Economic Development: Provide economic development opportunities to low-mod income residents and businesses.
• Public Safety: (added May 2023) Provide services to enhance the safety of residents in low to moderate income areas.

HOME Anticipated Allocation Process and Priorities:

Allocation Process
For HOME, no more than 10 percent of a grantee’s annual allocation can be used to fund program administrative costs. The remainder of the grant must be spent on housing activities with 15 percent of the annual allocation be ing used to fund Community Housing Development Organization s (“CHDO”), nonprofit organizations that develop affordable housing.

HOME Priorities

The HOME priorities approved for the 2020 Con Plan are:
• Creation/Preservation of Affordable Housing
• Conservation/Expansion of Affordable Housing
ESG:

The ESG program provides a first response to people with a housing crisis and engages people living on the streets with a focus to assist people to quickly regain stability in permanent housing after experiencing a housing crisis and/or homelessness. The City has not received ESG funding for the last two fiscal years and does not anticipate receiving funds for FY 2024 -25. Based on the formula HUD uses to determine allocations, the City of Escondido has not met the threshold for funding for the last two fiscal years.

ESG Priorities

 Homelessness Prevention
 Emergency Shelter
 Essential Services in the Shelter
 Homeless Outreach
 Rapid Re-housing
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In the event that we receive funding for FY 2024-25, we will provide an update at the second public hearing to approve the Annual Action Plan.

HUD Timeliness Test
Each year, City staff are required by HUD to execute projects and expend funds in a timely manner. A CDBG-funded jurisdiction can have no more than 1.5x its annual allocation by May of each year. According to HUD, this is a known as a “timeliness test” . The City has had difficulty meeting this test since 2020. In 2020 and 2021, HUD offered jurisdictions waivers on the timeliness test rule due to the pandemic; however, those exceptions are no longer in effect and formal notifications and warnings are now being issued. The consequences of a jurisdiction not meeting HUD’s timeliness goal can range from receiving a formal letter to developing a workout plan, to losing future funds. The City of Escondido did not meet the timeliness test in FY 2023. This is the third year in a row that the City has not met this requirement.

Staff are committed to addressing this issue and expending funds in a timely manner. Staff have met with HUD and they do not expect our funding to be cut this year. However , they will be requesting a formal meeting and if we do not rectify the situation this fiscal year, we would likely face cuts to our 2025-2026 funding.

Among several challenges that have led to the untimeliness of city spending, the main reasons include staff turnover and vacancies in the Neighborhood Services Division, specifically in the CDBG role, influx of one-time COVID dollars valued close to $10M, influx of ARPA funding, and partially funding projects over many years.

With that said, staff have made s ignificant progress over the last six month s. The City has two capital projects that account for almost the entire amount being spent. Staff have been able to get these projects prioritized, and are moving them forward as quickly as possible . Additionally, there are Admin., public services, and a few smaller capital projects that are moving forward, that will put the City where it needs to be with its spending, in the next several months.

The Old Escondido Lighting Project Phase II : This project consists of installing, replacing and upgrading street and walkway lights within the "Old Escondido Neighborhood”. This project was delayed in order to accumulate sufficient funding . This project, budgeted at $1,020,370, is now fully funded, is currently out to bid, and will be opened on May 16.

The Playground Equipment Project: This project involves replacement and installation of playground equipment in three existing parks . This project was delayed due to the effects of COVID 19, including cost increases and suppl y chain issues. In addition to that, the City received an influx of America n Rescue Plan Act funding for similar projects and has not had sufficient staffing to provide the proper construction project management and oversight of projects. This 133
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project is budgeted at $775,000. The contract for the play equipment will go to City Council for approval on May 8, 2024. The lead time on the play equipment is approximately nine weeks.

The City has been experiencing staffing shortages for several years. The Housing and Neighborhood Services Division specifically, has not had a consistent CDBG Management Analyst since 2017. In the last six months, the Management Analyst position over CDBG and the Management Analyst position over the HOME program have been filled and the final two vacancies in the division have been offered to candidates and are in progress . Neighborhood Service s expects to be fully staffed by mid-May.

Additionally, our Engineering Department, who provides project management for capital projects, including CDBG, has hired additional project managers to assist with the backlogged workload. With the appropriate staffing levels in place, productivity and ef ficiency will be improved and projects and tasks will move forward in a more timely manner.

Timeline/Next Steps
 May 8, 2024, Review and Affirm Priorities in a Public Hearing  May 13,2024, Release an RFP to the community for three weeks  June 3, 2024, Staff reviews applications and prepares recommendations on funding  Mid-June 2024, Staff issues 30-day public notice to review 2024 Action Plan  July 2024, Staff returns to City Council for a second Public Hearing to present the Annual Action Plan for adoption
 August 2024, Submit the 2024 Action Plan to HUD
Accomplishments/Conclusion
Significant progress has been made towards addressing the community development priorities of the 2020 Con Plan. Each year, the City must report to HUD how funding was spent and wha t goals were achieved. This comprehensive review of FY 2022 -2023 CDBG, ESG and HOME funded activities, or Consolidated Annual Performance and Evaluation Report (“CAPER”), was submitted to HUD in December 2023 and is available on the Neighborhood Services Division web page.

Staff recommends that the City Council re-affirm priorities for the fifth and final year of the 2020 Con Plan, approve the recommended allocation process for CDBG and HOME funds, and authorize the release of an RFP for public services and community development activities. At the second public hearing to adopt the One-Year Action Plan, the City Council may direct staff to focus on one or more of the approved priorities for FY 2024-2025 funding.

ATTACHMENTS
a. Attachment “1”- Draft CDBG RFP

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NOTICE OF REQUEST FOR PROPOSALS
Date
Re: Notice of Request for Proposal s (“RFP”) No. 23-26 – Community Development Block Grant Allocation for External Subrecipients Fiscal Year 2024-25 Notice is hereby given that the City of Escondido, a California municipal corporation (“City”), is soliciting proposals from qualified vendors to provide public services and capital improvement projects that meet the Community Development Block Grant (“CDBG”) Program’s National Objectives and supports the City’s local priorities (“Project”). The contracts resulting from this RFP shall be funded with CDBG funds.

Prospective Subrecipients must submit applicable proposal(s) to Dulce Salazar, Management Analyst, at [email protected] and Danielle Lopez , Housing and Neighborhood Services Manager at [email protected] no later than TBD (“Submission Deadline”). Any proposals received after the Submission Deadline will not be accepted.

Questions or comments concerning this RFP may be submitted via e -mail to Dulce Salazar, Management Analyst, at [email protected] and Danielle Lopez , Housing & Neighborhood Services Manager at [email protected] no later than TBD (“Questions Deadline”). Any questions or comments regarding this RFP received after the Questions Deadline will be disregarded. E-mails concerning this RFP should state the following in the subject line: “ RFP No. 23-26 - CDBG.” Any communication regarding or relating to this RFP with any City employee or official outside of Housing & Neighborhood Division Staff is strictly prohibited. A summary of questions from prospective Subrecipients and City responses will be posted on the City’s website at www.escondido.gov/purchasing on TBD.

Each proposal shall be in accordance with specifications, instructions, and information contained in this RFP. The City reserves the right to reject any or all proposals for any reason it deems necessary, to waive defects or irregularities in any proposal, and to accept the proposal deemed the most advantageous to the City. This RFP does not commit the City to award a contract or to pay any costs incurred in the preparation of a response to this request.

Sincerely,
Dulce Salazar
Management Analyst – CDBG
City of Escondido
Attachment "1"
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City of Escondido
RFP – No.23-26

Page 2 ends

Escondido City CouncilMay 8, 2024

Escondido City Council
May 8, 2024